Mises Wire

When we speak of entrepreneurship, we need to specify if it is economic or political. The first expands wealth and freedom; the second makes us poorer and less free.

Florida's anticensorship law is being boosted as a defense of free speech. In reality, it turns the First Amendment upside down.

In seeking membership in NATO, Finland and Sweden seem to believe they will have more military security. But they also are giving up their precious independence.

The Federal Reserve continues the proud Greenspan tradition of obfuscation and confusing language to describe its reckless actions.

The Davos crowd sold globalization as a way to bring nations together. Unfortunately, by insisting on political conformity, the globalists have set the world on fire.

Although Biden presented the formula shortage as caused by "forces" outside the USA, the shortage is homegrown. Bastiat could have explained why.

When the USSR collapsed, it was hoped that Russia would develop a free market economy and respect individual rights. Unfortunately, the situation there is deteriorating.

Airfares may surge 40 percent or more in 2022. This could be the biggest price increase in many decades. 

Vladimir Putin (not unlike President George W. Bush) has led his country into a destructive war, yet the Russian political leadership enjoys wide public support.

The greatness of the nineteenth century consisted in the fact that to some extent the ideas of classical economics became the dominant philosophy of state and society.