Mises Wire

As sales and price growth slow, the real estate industry is betting everything on a return to easy money. In 2023, it's become the very foundation of their "market."

All of Al Gore's children went to Harvard. Are we really to believe that this is because the Gore kids had the most "merit"? The only real  meritocracy is in the marketplace. 

President Biden's executive order to "strengthen equity" in the federal government is doomed to fail. It will create a lot of havoc in the meantime.

There is no denying the awful history of slavery in the Western Hemisphere. However, to better understand its legacy, we must rely on truth, not myths.

Molinari's "liberal principles had been proclaimed by Cobden, Gladstone and Bright in England, and by Turgot, Say, Chevalier and Bastiat in France."

Progressivism is collectivist, anti-individual, and ultimately destroys civilization itself. Austrian economics stands against this force.

Other psychic factors being equal, it is to everyone's self-interest to maximize his monetary income on the market. But this maximum income can then be used for either “selfish” or for “altruistic” ends.

Human rights is a term tossed around casually in our politicized age. Must there be a moral base to such rights, and how do we determine that morality?

Do military leaders really understand economics and, especially, do they understand the devastating effect war has on peaceful economies? Certainly, not enough of them understand economics.

The planned subway extension in New York City promises to be the latest financial fiasco in the mess that is the city's undercapitalized and poorly maintained metro.