Mises Wire

Every economic system is a mixture of market action and state control. The Marxist strategy is to blame every ill caused by state intervention on capitalism. 

Debt is neither free nor irrelevant, as interventionists want us to believe, even if interest rates are low. More debt means less growth and a slower exit from the crisis, with lower productivity growth and a tepid employment improvement. 

Every law must ultimately be enforced using the police power of the state. For those who resist, this means violent arrest and imprisonment. Or worse.

The conventional view is that new money creation is no problem so long as the demand for money is increasing. The conventional view is wrong.

DiLorenzo demolishes the mythological view that Lincoln's primary motive for opposing secession in 1861 was his distaste for slavery. 

President Bill Clinton’s favorite "freedom fighter" in Kosovo just got indicted for mass murder, torture, kidnapping, and other crimes against humanity.

There's more saving and less spending. This would bring deflation, but there's a catch: we're making less stuff, which means more money chasing fewer goods.

Berns thinks America has a fundamental problem: he believes not enough people in America are willing to sacrifice their lives to the state.

More threatened COVID lockdowns, and thus more bailouts and explosions of deficit spending, do not bode well for the global economy. 

Protectionism is often most damaging when it prevents entrepreneurs from accessing products and services that would have increased domestic capital and worker productivity. The result is poorer workers and less productive domestic industry.