Mises Wire

Beyond the usual arguments about incentives and taxes, a Universal Basic Income is a dangerous policy that supercharges the state and threatens to heighten tensions between different groups in society.

From crumbling public transport to rampant homelessness, progressive politicians are terrible at running the government once they are in power.

What is particularly scary is that the whole argument for the new law was not really about saving lives or reducing gun violence, but is really about Brussels ordering Switzerland to modify gun laws to comply with EU gun control standards.

Austrians will be vindicated, but will they be heard?

The Fed’s monetary policy, except for very brief periods in 1929 and 1936–1937, was consistently and unremittingly inflationist in the 1920s and 1930s.

Car companies are building in Mexico rather than the United States, largely because it has freer trade than the United States does with the rest of the world.

These books and authors criticize the decision of the United States in 1917 to enter WWI, the bad results of the treaties that ended the war, and the propaganda designed to induce the public to accept the war against the Central Powers.

The Canadian government wants to force doctors to assist patients with euthanasia. But doctors should be free to refuse service to anyone, and refusal doesn't mean doctors are "blocking access" to healthcare or anything else.

What matters is not price rises as such, but the increase in the money supply that sets in motion the exchange of nothing for something or "the counterfeit effect." Business cycles and recessions follow.

Not all the public is deluded or sunk into habitual submission. In contrast to "the brutish mass," there is always an elite who will understand the reality of the situation.