Mises Wire

Compared to other types of universal healthcare systems, what we call "single-payer" healthcare is possibly the worst of all.

The Time magazine article creating "the gateway drug" myth in the 1970s provided no citations for its claims, except ambiguous references to unnamed “experts.” The evidence remains elusive 40 years later.

The scare tactics from Beto O'Rourke and Alexandria Ocasio-Cortez​ is yet another example demonstrating the farce of the climate change policy debate. 

A comparison between the two theories of entrepreneurial action suggest that it may be time to drop the use of the words “equilibrium” and “disequilibrium” from economics.

Tax bureaucrats are very useful in helping politicians abuse their power. Presidents have long used the IRS to harass and attack their political opponents.

Jerome Powell has lost his faith in a new surge in economic growth. So, it's back to endless stimulus to keep the current cycle going.

When governments resort to unbacked fiat currency, a many-layered swindle lies hidden behind the appearance of a quick fix.

France has a lower income than 49 US states, which may shed some light on why protests continue all these weeks later.

In the words of Henry Hazlitt, "ideas which now pass for brilliant innovations and advances are in fact mere revivals of ancient errors."

Central banks are absolutely committed to low rates because higher interest rates would turn the boom into bust, and would collapse our production and employment structure now based on a system of ultra-low rates.