Mises Wire

How ironic that Pompeo and the rest of the neocons in the Trump administration are ready to violate the US Constitution in order to attack Venezuela to “restore their constitution.”

Occupational licensure, civil asset forfeiture, and an inflationary monetary policy all work to destroy wealth-building opportunities among lower-income and non-white groups.

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.