Mises Wire

Because each person's control over his own body and will are inalienable, no person can be held to any sort of slavery "contract" even if all parties once agreed on it.

Like it or not, libertarians have divided themselves along left-right lines. Here's a brief explanation.

A rising price of gold and silver in US dollars, euros, Chinese renminbi, Japanese yen, etc. means this:  the higher the price of this precious metal, the lower the exchange value of official currencies.

There are many reasons we should be skeptical of the GDP statistic. But it is nonetheless important to understand how it is calculated.

Central bankers are saying two things at once. First, they say that negative interest rates are a natural historical development. But then they say negative rates are an essential tool central banks are using to manipulate the economy.

Trump's executive order providing a short deferment on payroll taxes is not really a tax cut. But many voters may perceive it as one.

After years of working as a DC journalist, Bovard found that "the more oppressive the government acted, the more slavish the press became."

We need both prices and entrepreneurs to have a functioning and prosperous marketplace. Under socialism, though, we have none of the above.

The political entrepreneur succeeds by using the implicit violence of government to cripple his competitors and harm consumers. The market entrepreneur, on the other hand, makes his fortune by providing consumers with products they need at prices they can afford.

Although it's easier to buy guns in Indiana and Wisconsin than in Chicago, homicide rates are lower in those states than in either Illinois or Chicago.