Mises Wire

Thanksgiving started out as a terribly political holiday. But it has gotten better with age as more people have been interested in beer and football than in politics.

In a sense, it is hardly surprising that so little attention has been paid to scandals within universal healthcare systems given the histories of underperformance, scandal, and perpetual crisis associated with many such systems.

The diversion of real funding from the private sector toward government projects — no matter how important these projects appear to be — in fact, disrupts the process of real wealth generation.

Most of the resolutions passed by local governments in the name of "second amendment sanctuary" efforts don't actually do anything.

Inflationary monetary policy is driving markets toward ever larger and more monopolistic firms that dominate the marketplace.

The ECB, always happy to repeat the mistakes of Japan, is likely to start new programs of debt monetization for green projects and claim it is a different, radical and new measure.

There is a growing drumbeat from some high-profile economists to reassure Americans that large increases in income and wealth taxes won’t distort labor markets. Yet much of their arguments are very misleading.

During October 2019, year-over-year growth in the money supply was at 4.95 percent. That's up from September's rate of 3.10 percent, and was up from October 2018's rate of 3.49 percent.

Behavioral economists are masters of comparing apples to oranges and dressing up incorrect statements in fancy language and mathematics.

If governments really want to help former criminals get jobs, they should stop turning so many small-time offenses into crimes.