Mises Wire

Politicians respond to pressure. If we want them to actually carry out the cuts they claim to stand for it’s up to us to provide that pressure.

With Canada as the fifty-first state, the Republicans would not win another national election for many years, and Congress would move significantly to the Left. 

Ireland is suffering from the same kind of housing crisis that has hurt the US. Not surprisingly, the crises in both countries have their roots in government intervention undertaken ostensibly to make housing more affordable.

Böhm-Bawerk shows us that the study of human action and the economy in general goes beyond the simple paradigm of the financial and monetary world. Economics is built into all human experience.

It’s been four years since the January 6 riots of 2021, and with each passing year it becomes more clear that the event was not an insurrection, and it certainly wasn’t a “coup” of any sort. 

Mainstream economists are united against deflation, which they claim is the cause of recessions. Austrians know better, as they understand that deflation raises living standards and prevents destructive asset bubbles.

The American conservative movement has changed with the advent of MAGA and the economic nationalism associated with it. However, there never was a “golden age” of conservatism, as the William F. Buckley brand was terribly flawed from the beginning.

One of the unique features of Austrian economics is a coherent and consistent theory of business cycles. To understand business cycles, one must understand the role that interest rates play in the economy.

We're told that tariffs are going to do all sorts of great things. Mark Thornton sets the record straight.

Everyone wants to protect children and what better way to do that than having labor laws that keep young children out of the workplace. But the benefits to children are not as cut-and-dried as labor law supporters would have us believe.