Mises Wire

The drug war enables government agents to seize the property of people never convicted of any crime.

It is a time of fiscal hedonism, engineered and encouraged by governments and their central banks, and sold to us as banal public policy and tinkering.

Under a system of tariffs, subsidies, and restrictions, we get companies like Coke and Pepsi producing collectivist drinks for the masses.

When new money is made, it helps those who get the new money first (usually the wealthy) — at the expense of those who get it later (the poor).

Government is not a wealth-creating entity, and more stimulus will not help the economy. In fact, more stimulus will hurt the wealth creation process.

Dr. Huagiao's translation is an invaluable contribution to the growing library of works about the Austrian school in China.

Many of Venezuela's woes stem from the Venezuelan state's reliance on price controls to enact its socialist goals. Famine has resulted.

Jon Grinspan's new book The Virgin Vote reminds us that democracy has no golden age of civil and well-reasoned electioneering.

The government wants to arrogate to itself the power, which, in an economy, is in the hands of the consumers.

Many of the threats to liberty posed by this year's presidential candidates are due to the long history of supporting expanded presidential power.