Mises Wire

Austrian economics stands apart from the economic mainstream in its deductive approach to economic analysis.

Progressives have created a new thought crime: cultural appropriation. However, one cannot appropriate something that is not owned by anyone else.

The decision to use artificial intelligence–powered robots in the fast food industry depends upon differences in costs and performance between humans and robots. State minimum wage laws are pushing the industry toward robots.

Most BRICS currencies are weak and getting weaker, and creating a new joint  "BRICS currency" won't solve the problem.  Joining together a bunch of weak currencies does not somehow create a strong currency.

Our country is beset by a large number of economic myths that lead us to accept unsound and dangerous government policies.

Can there be a bridge between Heideggerian metaphysics and practical political philosophy?

While philosophy is a discipline that has been hijacked by the Left, once in a while a philosopher comes along and surprises us.

Compared to how most other people in the world live, Americans have a high standard of living. And despite the talk about inequality, there is more economic and social mobility here than anyplace else.

When covid restrictions were at their tightest, many people died alone in ICUs, as friends and family were kept away in the name of "public health." A more accurate assessment of the policy is to call it barbaric.

As the economy slowly deteriorates, consumer debt rises. In the meantime, the Fed is pushing up interest rates to deal with the inflation it caused. This does not end well.