Mises Wire

Even without obvious consumer price inflation, we can be living in the midst of immense wealth transfer engineered by central bankers in favor of Wall Street. 

In the much-hyped Pfizer study, there were more hospitalizations in the control group than in the vaccine group, but the numbers were too small to be statistically significant.

A dirty secret of congressional military spending is that when the government allocates billions in spending, unnecessary, wasteful, and parochial interests quickly find their way into the legislation.

"The race to zero [carbon emissions] would have to be coordinated through control measures—rationing, reallocating, requisitioning, sanctioning, ordering" and much more.

The prices of goods are not set mechanically by some kind of supply-demand curves but by the goal-seeking choices of individuals.

Governments are good at shifting risk in sneaky ways, but they can’t legislate it out of existence.

Yes, it can happen here. Only a fool thinks otherwise.

Matt Spivey continues the pioneering work of Paul Cantor and Stephen Cox in bringing sound economics to the analysis of literature. 

The Fed is not allowing the economy to heal, but instead induces more distortions and weirdness. The explosion in orders for new trucks is perhaps just the latest example.

It is popular to assume that colonialism explains most modern-day dynamics in the developing world. But what if precolonial institutions are the real deciding factors?