Mises Wire

If we actually examine the record of markets versus socialist regimes, we find that markets perform much better in terms of income growth, environmental quality, and the empowerment of women. 

Have you ever noticed that it's only the wealthy Nordic countries that are singled out as being "socialist"? Places like Greece and Italy, which are more socialistic than Scandinavia, never seem to warrant a mention on this topic. 

If monetary stimulus could strengthen real economic growth, then world poverty would have been eliminated a long time ago.

I would be silly to suggest that I know the precise potential of cryptocurrencies, but I would be even sillier if I were to say that the Indian government does.

Opponents of bitcoin now claim that bitcoin mining causes global warming and is an environmental threat. But the boom-bust cycles caused by central banks and their fiat money are far worse than any carbon footprint bitcoin can produce.

The covid-19 lockdowns have unexpectedly brought into clear view the fact governors wield immense power over the daily lives of Americans. Some state legislatures have moved to limit this power. Better late than never. 

Capitalism isn't just better because it makes us materially better off. Capitalism also helps us forge a more humane and civil society. 

The goods created by automation—and the labor freed up by it—become inputs for industries downstream.

In his book-length essay on neoliberalism, Alberto Mingardi provides some much needed clarification and explanation of this concept that has long been one of the Left's favored bogeymen. 

The Dems are still claiming that welfare spending withered away during the Trump years. But that's obvious nonsense, and Trump's megaspending slathered trillions of dollars on pretty much everything.