Mises Wire

Socialists never give up trying to prove that socialism can maintain a functioning economy. Some have dragged out a nearly forty year old study as their exhibit A.

2023 proved that central banks’ policy was restrictive in name only. Policy was restrictive only for the private sector, especially small and medium enterprises, and families. Policy was not for governments.

As the European Union becomes increasingly dominated by progressive elites, it becomes more authoritarian and contemptuous of the rights of those the Union purports to serve.

In "progressive" America, words tend to mean the opposite of what they are supposed to, and "social justice" essentially means “not justice.” 

Davos has made it clear that Western elites do not lead naturally but rather want to impose a way of life that the rest of us don't wish to live by.

Progressive elites tell us we will own nothing and will be happy. They forget that fundamental human rights are linked to property rights.

The Austrian Economics Research Conference is the international, interdisciplinary meeting of the Austrian School, bringing together leading scholars doing research in this vibrant and influential intellectual tradition.

Paying off the debt obviously won't happen, and the feds won't even contemplate anything that keeps the debt from getting bigger. They'll just try to inflate the debt away, so get ready for price inflation. 

While people often associate propaganda with dictatorial regimes, American public education has created a propaganda machine that Stalin would have envied.

While economists speak of GDP as a legitimate measure of the economy, a closer look tells us that it is biased toward consumer spending and fails to give a true measure of the value of capital.