Mises Wire

In making threats against oil companies for "price gouging," President Trump shows he knows no more about prices than he does about the real effects of tariffs.

With its new ruling in Trump v. Cook, the Supreme Court demonstrates it does not understand central banking or the Fed. Clarence Thomas, however, saw through the Fed’s lies.

While Bitcoin in its early days promised freedom from the tyranny of fiat currency, those days are gone. Instead, Bitcoin owners are now satisfied if its value goes up against the dollar.

What role does the Constitution play when one state has a different understanding of “American values” than another? Unfortunately, the responses have been inconsistent, depending upon which “values” one wishes to promote.

Mainstream economists claim that understanding and observing reality is not really “doing economics.” Instead, they believe that all we need are abstract theories that predict events well. But over time, financial markets must bend to the real world.

On this July 4, Americans will celebrate 250 years of independence. However, what are people really celebrating, freedom or a militaristic regime?

Forget equity and fairness and reducing so-called wealth gaps. The current “tax-the-rich” movement is driven by an unspoken pathology: envy.

Comparing Sanders to fascism may seem unusual, but it should not be forgotten that the main leaders of Italian fascism, including Mussolini, were initially socialists before they became fascists.

Pandemics offer an alleged challenge to libertarians, as some argue that governments should have the power to order quarantines and impose vaccine requirements. It turns out that statism makes things worse—and that free markets offer the best solutions.

While the pundits are insisting that the late Alan Greenspan was a committed free market adherent, his actions throughout his career spoke differently. In today’s Friday Philosophy, Dr. David Gordon exposes Greenspan for what he was: an opportunist.