Mises Wire

Lee Friday

The government accepts no legal obligation to provide specified law enforcement services in exchange for the taxes it forcibly extracts from the citizenry. A clearly defined and voluntarily accepted reciprocal agreement between the government and the citizens has never existed.

Jason Morgan

In his new book Google Archipelago, Rectenwald asserts the Google Archipelago re-upping of Marx is not only practically Marxist, but conceptually and structurally so.

Robert Fellner

The Clark County School District evaluated itself, and it determined that all the teachers and administrators are doing a great job — and by the way, the union deserves more money.

Alasdair Macleod

It is a huge mistake to call the repeating cycle of boom and bust a business cycle. That name implies the bust is the failure of markets and capitalism. But it is really due to monetary and credit inflation licensed and promoted by governments and central banks.

Jesús Huerta de Soto

Japan's once-envied economy is now in shambles. The European economy, built on the same shaky tenets, is crumbling, too. Where to go from here?

Frank Shostak

Central banks can only distort and mask real interest rates with monetary policy. Interest rates are really set by each individual's time preference.

Gunther Schnabl Tim Sepp

Easy-money policies pushed by central banks may be redirecting wealth away from investment, and toward greater production and consumption of cheap consumer goods. That's not "green."

José Niño

The history of Latin America is filled with tragic stories of countries reaching great heights — Argentina and Venezuela come to mind — and then falling back to mediocrity. Chile could be next if the protesters get their way.

Dave Albin

Government officials have often stood in the way of scientific progress.

William L. Anderson

Woke journalists are not barriers to state-sponsored oppression, but rather its enablers.