Market progress through entrepreneurship and innovation means increased production. In a world of scarcity, that benefits all of us in society. That makes it a positive-sum game.
Audio Mises Wire
Audio recordings of Mises Wire articles, offering contemporary news and opinion through the lens of Austrian economics and libertarian political economy.
Machiavelli asserts that civil society can best flourish in the absence of government intrusion.
If he takes free speech seriously at all, Trump will pardon Julian Assange.
Human action cannot be analyzed in the same way that one would analyze objects. These quantitative methods do not improve our knowledge of the driving causes in economics.
Claims that market arrangements involve the unethical “using” of others are of lengthy pedigree. But they are also of questionable merit.
Both the Senate hearings on “Big Tech” companies and the Department of Justice (DOJ) lawsuit against Google amplify popular misunderstandings of what drives competition in the market for information.
Matt Spivey continues the pioneering work of Paul Cantor and Stephen Cox in bringing sound economics to the analysis of literature.
The Fed is not allowing the economy to heal, but instead induces more distortions and weirdness. The explosion in orders for new trucks is perhaps just the latest example.
A dirty secret of congressional military spending is that when the government allocates billions in spending, unnecessary, wasteful, and parochial interests quickly find their way into the legislation.
It is popular to assume that colonialism explains most modern-day dynamics in the developing world. But what if precolonial institutions are the real deciding factors?
The World Economic Forum and its related institutions in combination with a handful of governments and a few high-tech companies want to lead the world into a new era without property or privacy.
The central banks can be thanked for all bubbles, including those in cryptocurrencies.
The center-right government that came into power in July of 2019 has failed to liberalize the economy and make market-oriented reforms, with the pandemic making things even worse.
In 2016, establishment conservatives went "all in" on defeating Trump. But they lost, and as a result lost control of the conservative movement and the GOP.
Do your neighbors do things that annoy you? Just give the government a call. They're ready and willing to assist with any effort that increases their power and influence, 24/7.
One of the silver linings to this year’s lockdowns and cultural revolution, as many commentators here and elsewhere have pointed out, is that many parents are finally waking up to the reality of our educational institutions.
The "New Historians" can identify the ostensible economic prowess of slavery, but they have ignored the many unseen costs imposed by slave economies.
In most economies, inventories are valued at market prices, while in China they are valued by the authorities and adjusted later. This is just one of many ways China manipulates GDP data.
Williams’s impressive ability to speak on wide-ranging issues with unusual clarity derived from his steadfast commitment to the “economic way of thinking.”
Biden has proposed a new $200 tax on rifles and magazines, with a $10,000 fine for noncompliance. Registration involves filling out a thirteen-page form, with fingerprints and a photograph of yourself.
