Mises Wire

John Quiggin's hit piece on Henry Hazlitt, Economics In Two Lessons, is just a run-of-the-mill center-left essay on how we need more government intervention.

Los Angeles city bureaucrats want fewer cars on the streets. Unfortunately, their plans have side effects which endanger human life and safety.

Help us distribute Hazlitt’s Economics in One Lesson to thousands of young people all across the country.

Financial markets are neither perfectly efficient, nor animally spirited, but eventually adjusting.

You don’t make people better off by artificially making energy more expensive. You only make them poorer.

The real money-creating machines are commercial banks. Loan dollars become deposit dollars. Lots of lending means the money aggregates increase. Little lending means the opposite.

Economic theory must have only one purpose — to explain economic activity. However, statistical methods are of no help in this regard.

The number of jobs that require an occupational license now covers 30% of the US workforce, up from 5% in 1950.

Socialism, democratic or otherwise, rides on the back of force and violence. When they drop the veil, its a government agent pointing a gun.

Joseph Stiglitz has written a new book that calls for massive state control over the economy.