Mises Wire

The real founders of economic science actually wrote hundreds of years before Adam Smith. 

The success of the private sector precedes the ability to have any employment in the public sector at all. But teachers want the private sector to pay until it hurts. 

Peasants in pre-industrial societies often worked fewer hours than modern-day workers. They also had a shockingly low standard of living. 

Noah Smith has written yet another "popular" column challenging established economics assumptions. But he's really only appealing to his reader's established biases.

Pursuing a trade war with your largest creditor, whose also on the edge of insolvency, is a recipe for financial meltdown.

California's governor refuses to send National Guard troops to the border on Trump's terms. State governments should refuse to send troops far more often than this. 

America's subsidized arms industry also benefits greatly from presidential efforts to push international arms deals with foreign regimes. 

According to Mises, economic nationalism "is incompatible with durable peace," and efforts to fan the flames of a trade war between the US and China are dangerous.

An overheating economy emerges once expenditure rises without being backed up by production, a situation that emerges when the money stock is increasing.

There are many questions that need to be asked about the situation in Syria. But the Trump administration has no interest in asking them.