Mises Wire

Trump's now-infamous “Big, Beautiful Bill” has become the classic bait-and-switch, in which the president promises fiscal responsibility as a candidate but delivers profligacy when he reaches the White House.

The administration’s best-case scenario would mean the administration has few hopes of deporting even a quarter of the existing population of illegal immigrants.

Mises said that MES made an “epochal” contribution to economics and that it made many important theoretical innovations.

Influenced by the writings of the great Frederic Bastiat, Vilfredo Pareto promoted free markets and economic liberalism in 19th-century Europe. Pareto also made a number of important contributions to economic theory and practice.

Nobel-winning economist Claudia Goldin claims that WNBA players are vastly “underpaid” relative to their male counterparts in the NBA. Economic analysis, however, tells us a different story.

Bitcoin’s power lies not in being wielded by geopolitical superpowers. Turning it into a “national strategic asset” undermines its very essence. If bitcoin is to remain a tool of freedom, it must resist becoming a tool of empire.

One of the most pernicious legacies of Hitler, Stalin, and Mao is that any political leader responsible for less than, say, three or four million deaths is let off the hook. This hardly seems right, and it was not always so.

Bob hosts economists Vincent Geloso and Chandler Reilly to discuss their new paper, which applies Rothbard's "Private Product Remaining" to rethink how national output is measured.

On your computer monitor, your table lamp, or the label on your hair dryer, you will see the symbol "UL" with a circle around it. It stands for Underwriters Laboratories, a firm headquartered in Northbrook, Ill., and an unsung hero of the market economy. 

Myanmar has been a textbook case of the tragedies of socialism. While people are familiar with Nobel Peace Prize winner Aung San Suu Kyi, who tried to lead the nation to democracy and a market economy, the nation is better known for military dictatorship and political and economic repression.