Mises Wire

The crisis-ridden welfare states of South America show us that the fabled "third way" to economic prosperity is not quite the cure-all we're told it is.

In a true market — i.e., without a central bank — banks are intermediaries of real savings in their lending activities, thus promoting genuine and real economic growth.

Europe is seeing the dangers of allowing demagogy to dictate energy policy. 

Mises did not just proclaim to the masses that civilization was in danger. Rather, Mises dedicated his entire life to educating his fellow man about sound economics and its importance to freedom and liberalism.

Why do yield-curve inversions so often suggest a recession is on the horizon? Understanding malinvestment and bubble economics can help.

In a globalized world, nearly every product or service relies on products and services from somewhere else.

Democracy is only allowed when the voters vote "correctly" according to the ruling classes. "Wrong" decisions will trigger court rulings voiding the vote. Or we'll just keep voting until people get it "right."

"Climate justice" would bring with it mass unemployment and major economic distress. Activists ignore the true costs, while discounting market solutions.

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