Mises Wire

Forget equity and fairness and reducing so-called wealth gaps. The current “tax-the-rich” movement is driven by an unspoken pathology: envy.

Comparing Sanders to fascism may seem unusual, but it should not be forgotten that the main leaders of Italian fascism, including Mussolini, were initially socialists before they became fascists.

Pandemics offer an alleged challenge to libertarians, as some argue that governments should have the power to order quarantines and impose vaccine requirements. It turns out that statism makes things worse—and that free markets offer the best solutions.

While the pundits are insisting that the late Alan Greenspan was a committed free market adherent, his actions throughout his career spoke differently. In today’s Friday Philosophy, Dr. David Gordon exposes Greenspan for what he was: an opportunist.

Were stronger central government under the Articles of Confederation and a central bank really necessary to win the American Revolution, as conservative nationalists of the era claimed?

The famed "Custer's Last Stand" at the hands of Native Americans defending their villages is a reminder of the brutality of the US war against the Plains Indians. History tells us that the "heroic" George Armstrong Custer was really the "reckless" Custer who died underestimating his foe.

The common belief is that intellectual property rights must be in place, otherwise, entrepreneurs would be reluctant to face uncertain profitability. Well, entrepreneurs already face uncertainty and act, anyway.

Democratic Socialists are winning election after election and will have a number of representatives in Congress. What will happen to our society as they continue to gain power? The answers are not encouraging.

James Bovard recently ventured near Washington’s Reflecting Pool and reports on the current madness involving the algae problem and Trump’s efforts to have it cleaned—along with extra security.

Long before modern economics, the Greek philosophers were laying the groundwork for understanding human cooperation in a social setting, helping to give birth to economic thinking.