Mises Wire

Now threatening citizens for what they post online, one would hardly believe that England had once possessed a hard-won tradition of limited government and natural rights. 

By misusing statistics, the government claims that racial disparities are always caused by racial discrimination and that these disparities can only be rectified by state-directed outcomes. However, government programs have made things much worse.

Commercial real estate in the US faces major problems despite efforts by the Federal Reserve System to prop it up. Bonds used to finance commercial real estate markets are being hit especially hard, and there is no relief in sight.

This week, David Gordon guides us through the thoughts of Kai Draper in his book, War and Individual Rights. Dr. Gordon praises a great deal of Draper's argumentation, but has some criticisms.

James Ronald Kennedy is right that the policy of centralized despotism that Lincoln instituted has continued down to the present and has enslaved us all.

We have reached this point: the government keepers of money do not even understand what money is or why inflation is harmful. To them, the real threat to the economy is “deflation.”

It is ironic that the leaders of the American state are quick to condemn foreign dictators as irrational when their own policies are often irrational themselves.

Mainstream economists today examine economic phenomena from a “black box” perspective in which they look at inputs and outputs without trying to understand causal mechanisms that make the outcomes possible.

Ryan and Zachary Yost look at some of the ways Trump's foreign policy might actually be a step in the right direction. 

Murray Rothbard wrote that egalitarianism is a “revolt against nature.” Progressives claim that inequality harms society and is morally unacceptable, but in reality, it is necessary for division of labor, which enables social cooperation.