Mises Wire

While the outrage over Maduro’s dinner with "Salt Bae" is well deserved, it's just a taste of how socialism actually operates in the real world. 

Thatcher's infamous yet magnificent "Bruges speech," which was far from being anti-EU, was a stark warning against Brussels' power-grabbing central government.

We're clearly better off than our grandparents in many ways. But now we have to be sure not destroy the progress that's been made.

The number of Misesians was once so small that all of them knew each other personally. The world is very different now. 

When I left Soviet Russia in 1991, I thought I would never see a command-and-control economy again. I was wrong. Over the past decade the global economy has started to resemble one.

Why is it that starving Venezuelans are eating dogs while Americans are rescuing dogs from hurricanes?

If a large group of people express an opinion regarding future economic conditions, it does not make it more accurate than the view expressed by any particular individual.

Libertarians know what should be done about government services and operations: they should be privatized. What should be done in the meantime? 

When robots may be more effective workers and possibly better engineers, they cannot figure out what is valued. That’s the task of entrepreneurs, who bet on what consumers will want.

By accepting the premise that government can and should solve all of life’s problems, conservatives and Republicans will inevitably get into a “bidding war” with progressives and Democrats.