Mises Wire

The Venezuelan central bank helped the regime destroy the middle class's wealth for many years.

It's government — not markets — that intervene to "stimulate" ever greater amounts of spending and consumption. A healthy market economy, meanwhile,  relies on both saving and spending.

Austrian scholars should not shy away from engaging mainstream law and economics scholars.

The academic scholar, along with the great teacher, is vanishing from the universities and being replaced by one-dimensional specialists.

Big firms that dominate the marketplace have never had much of a problem with government regulations that keep new competitors from springing up.

The Gilets Jaunes are a crisis for the French state, and it remains to be seen if the French leviathan will use it to expand their powers.

The real value of saving is found in how much it supports and sustains the individuals who are engaged in various stages of production.

Not everything needs to turn into a nationwide systemic problem when the federal government is a political mess. We ought to decentralize now to limit the damage the feds can do.

Many Americans now believe in a version of "freedom" which is nothing of the sort — because it requires more violent coercion exercised by government agents.

Wealth creation and savings are a far better indicator for economic prosperity than the "job creation" sought by politicians who use tax incentive programs for political purposes.