Mises Wire

Some argue that praxeology's deductions should be formalized using mathematical logic, but such an approach would be inappropriate for human action, whose axioms are known.

Despite many attempts at doing so, governments have never been able to conjure up more goods and services through price controls and other regulations.

With both major political parties seemingly uninterested in the long-term fiscal stability of the United States, the only near-term solution for the spendthrift class in Washington, DC, is to either raise taxes or spend recklessly.