Mises Wire

Politicians will invoke the venerable just war theory when they believe they can manipulate the facts in their favor. In truth, it is the rare government that engages in a justified conflict.

Contrary to popular belief, regulatory agencies do not improve the quality of our lives, nor do they provide safety or security. They need to be abolished, as free markets provide their own effective forms of regulation.

Ludwig von Mises was ridiculed for his assertion that “middle of the road” leads to socialism in the end. As the federal government swallows increasing amounts of the economy, we see that Mises was right.

Government intervention is everywhere, but it is most evident in education.

Most people believe that the state is a necessary entity for securing private property rights. However, a study of the American West before the territories became states shows us a different reality where communities protected their property without state intervention.

The Americans who went off to fight in World War I—and the politicians who sent them there—were no less imperialistic than the Germans were. 

Month-to-month money-supply growth turned positive in March, and money growth hit a two-year high. The Fed clearly has no appetite for more monetary "tightening." 

The rage among academic elites and multiculturalists is the insistence that one cannot apply Western economic analysis to different cultures. However, Ludwig von Mises insisted that economics is a universal science.

As the US economy falters and people continue to fall behind, the Austrian business cycle theory provides the best explanation for what is happening, even if the elites don't want to hear it.

Progressives are claiming that corporate profits are one of the causes of inflation. However, if inflation increases consumer prices, it also causes production costs to rise. That is not a recipe for profitability.