Mises Wire

The Keynesian prescription for an economic downturn is for government to increase spending to improve so-called aggregate demand. In reality, this is a recipe for worsening the recession.

Some conservatives are upset because the new best-selling beer is owned by the same company that owns the beleaguered Bud Lite. Actually, they should have no problem with that.

The latest rage in macroceonomics is modern monetary theory, whose adherents invariably resort to the motte-and-bailey fallacy. Advocating inflation is never a good idea.

Today's pundits have created the myth that Ellsberg was a "good" leaker and Assange et al. are "bad" leakers. It's a myth designed to portray modern-day heroic whistleblowers as "traitors." 

"The first condition for the maximization of economic efficiency is the liberation of civil society with respect to the state. . . . The expansion of capitalism owes its origins and raison d’être to political anarchy."

Rent seeking is a popular term used in economics to describe the behavior of firms trying to gain something from the government. Time to expand the definition.

Our political and cultural elites have gaslighted us on inflation for years. To learn the truth, read the Austrians.

The government's latest "weapon" against carbon dioxide emissions is a pipeline that will carry the emissions across states and deep underground. In other words, another Washington boondoggle.

It's all in spite of enormous social spending, more than two trillion euros of stimulus, and the increase in population. Resorting to the old “it could have been worse” argument makes no sense.

Patrick Deneen not only misunderstands John Stuart Mill, but he also misunderstands libertarians, claiming they are elitists who believe the world should be ruled by experts.