Mises Wire

In the nearly seven decades since its appearance, Human Action has come to be recognized as one of the truly great classics of modern economics.

The macroeconomic approach looks upon an arbitrarily selected segment of the market economy as if it were an integrated unit.

For decades, governments have been manipulating our views of what medical schools are, and what they should be.

Loose monetary policy is based on a trickle-down theory designed to encourage spending and punish saving. This will lead to greater pain in the end.

Trump claims to be more skeptical about foreign invasions. That is good. Unfortunately, he also wants to spend a lot more on the military.

Effective poverty relief becomes easier as workers become more productive. Fortunately, capitalism makes this possible.

The Federal Reserve and in particular fiat money ruins the incentive to save for a better future.

No walls, no government databases, no biometric national ID cards. But not a penny in welfare for immigrants. It is really that simple.

Efforts to manipulate people into thinking the economy is good contribute to the ills brought on by the boom-bust cycle.

If Paul Krugman took a more serious look at Europe, he would see that austerity policies really do produce a better economy.