Mises Wire

By Oxfam's methods, anyone with a few bucks in the bank is causing poverty for the bottom 10%. Oxfam, of course, has much more than a few bucks.

Joseph Salerno's essay "Ludwig von Mises as a Social Rationalist," is now available in a new easier-to-read version.

Senator Rand Paul's proposal is an improvement from Obamacare, but it doesn't address the fundamental problems with American healthcare.

A lack of entrepreneurial and managerial direction prevented Valve from coordinating enough to focus on developing a new Half-Life.

In a new book Literature and Liberty, Allen Mendenhall brings a fresh eye to literary criticism — a discipline long marred by doctrinaire Marxism.

A "universal basic income" serves to make workers and entrepreneurs less likely to produce goods and services the consumers need most.

Profit is a product of the mind, of success in anticipating the future state of the market. It is a spiritual and intellectual phenomenon.

The only way to avoid fiscal crises is to stop increasing spending and instead begin reducing spending on all aspects of the welfare-warfare state.

In a free market economy, banks would actually have to clear their checks and this would be a deterrent to creating money out of "air."