Mises Wire

The risk of abusing human rights through AI technologies becomes greater the more AI research is funded or directed by government agencies.

Before wealth can be redistributed by the state, it must first be produced. But welfare-state policies end up destroying the very wealth which is necessary for redistribution.

Given the Fed has never spotted a bubble in real time, why should anyone believe we aren't in one right now?

Democracy works best at a small scale. The electoral college's nod to this reality is much too weak. But it's better than nothing. 

Joseph Salerno discusses the Hoppean method of addressing economic controversies.

Existing political tensions within the EU are certain to escalate as the EU falls behind in global economic power, and Brussels, hooked on profligacy, for the first time faces budget cuts.

"Free private cities" are similar to microstates but are based on the idea of explicit contractual agreements between residents and the city government. How would these entities function?

Objective reporting in journalism has always been based on a myth. Happily, the facade of objectivity is now breaking down.

In February, year-over-year growth in the money supply was at 3.1 percent. That was down from January's growth rate of 3.3 percent, but was up from February 2018's rate of 3.0 percent.

What the international trade and monetary system needs in order to grow healthy are free markets, sound money, and entrepreneurs to maintain, accumulate, and employ capital for best satisfaction of consumers around the world.