Mises Wire

Green Myths and Hard Realities: Sri Lanka as a Warning

Bureaucracy and RegulationGlobal EconomySocialismStrategy


While renewable energy and organic farming are considered sustainable, they're anything but. The collapse of Sri Lanka's green agricultural sector is a warning to the rest of the world.

Read More

GDP Shrinks Again as Biden Quibbles over the Definition of "Recession"

Money and BanksU.S. Economy


The state of the economy is not good. Powell knows it. Yellen knows it. Most people in the real world know it. 

Read More

Government "Stimulus" Schemes Fail Because Demand Does Not Create Supply

The FedFree Markets


Keynesians believe that if government spends more, it creates wealth in the process because it is "creating demand." But only wealth generation can create demand for goods.

Read More

GDP Provides a False Reading of the State of the Economy

Booms and BustsThe FedBusiness Cycles


Most economists see GDP as a snapshot of the performance of the economy. However, it is better understood as a misleading statistic which fails to accurately describe what really is happening economically.

Read More

Government Intervention Is Fueling Food Shortages

World History


Neither the Ukraine war nor tough weather changes would threaten a global food shortage in a normal market environment. Unfortunately, world markets are riddled with regulations, killing production.

Read More

Greenspan Would Be Proud: A Lesson in Fed Speak

The FedMoney and Banks


The Federal Reserve continues the proud Greenspan tradition of obfuscation and confusing language to describe its reckless actions.

Read More

Government Spending Is the Real Tax; Deficits Are a Sideshow

Economic PolicyProgressivismFiscal Theory


While politicians claiming to be "fiscally responsible" call for balanced budgets, the real drag on the economy is government spending itself.

Read More

Government, the Centralizing Mindset, and the Idiots in Charge

Big GovernmentBureaucracy and RegulationDemocracy


F.A. Hayek wrote that the "worst get on top" when it comes to government. Nearly eighty years after he wrote those words, nothing has changed.

Read More