Mises Wire

Every July 4th, Americans are handed sparklers and told to celebrate their freedom.

As AI becomes a more important and visible part of our lives, the movement to regulate it also grows. The standard regulation narratives—that government regulates things in the name of the public interest—clearly do not fit the facts.

"The main aim of American foreign policy is to impose the will of our ruling elite on the rest of the world." 

Democratic socialist candidates are becoming a serious political challenge in Democratic Party primaries. Have Americans suddenly become convinced by the arguments in favor of command economies, or is there something deeper going on?

Contrary to a common—and incorrect—critique of Rothbard, he was not a fanciful purist who refused to support any political movement that failed to be perfectly libertarian in every way. 

While Ludwig von Mises and Murray Rothbard are better known in circles of Austrian economics, Israel Kirzner also made many contributions in the area of entrepreneurship. 

Let's look at the nature and the different causes of the interest rate, from the point of view of economics, and with a concise moral analysis of incomes from money loans.

Most readers are familiar with the 1964 Civil Rights Act. They are less familiar with the 1957 Civil Rights Act.

Many economists believe that expanding the money supply helps create and facilitate economic growth. That is not the case.

In celebrating the 250th anniversary of the Declaration of Independence, we remember names like Jefferson and Washington. Unfortunately, the man probably most responsible for push this nation to independence, Thomas Paine, is mostly forgotten.