Mises Wire

Spending $12 billion per day is not a shutdown. Spending 7% less than you spent last year is not a shutdown.

Government spending doesn't create wealth. It destroys wealth.

Many modern scientists simply follow in the footsteps of Jacques Cousteau who once opined that “world population must be stabilized and to do that we must eliminate 350,000 people per day.”

The core problems protested by the "Yellow Vests" are largely of an economic nature, while they also targeted the political class that is widely seen as being out of touch with reality.

It is easy to blame weakening global markets on Trump, but it would be dangerous to believe that's the real cause of the slowdown.

As a government economist for Austria following WWI, Mises fought a losing battle against reckless policies of inflation and government spending.

Although hardly "free-market" in any doctrinaire way, the relatively free economy of Taiwan delivered immense growth in standards of living while many Chinese on the mainland starved.

The "Green New Deal" is aptly named, in the sense that the original New Deal was a massive boondoggle that restricted liberty and crippled the economy.

The economist’s lot is to study a field in which, almost more than any other, human folly displays itself. 

A traditional argument for unbacked fiat money was based on the idea it was less-costly to produce fiat money than gold or silver. This cost savings could then enrich society overall. But recent data suggests this isn't true.