Mises Wire

Taken all together, defense spending in Fiscal Year 2019 totals more than the state budget of Texas seven times over.

In spite of stringent gun-control measures, Brazil's homicide rates are among the worst in the world. Now there's a movement to let more Brazilians defend themselves with private gun ownership.

The real motivations behind using both cubicles and the so-called open-office concept are something different than what we are told.

Many public school teachers are earning far more than they would if they were exposed to market demand.

China’s stealth devaluation is not making the country more competitive, it is making household and corporate debt riskier as the purchasing power of the yuan is diminished.

Determining just how privileged you are, can be a confusing matter. After all, according to the current narrative, a white woman is privileged by her race and oppressed by her gender. And it gets even more complicated from there.

To commemorate Mises’s birthday, consider some of his valuable insights into property rights, freedom, civilization and government.

Randolph Bourne was too much the populist for Sunstein who believed "the people" must be guided by experts, because people are too bewildered by the complexities of it all to be able to choose rationally for themselves.

The unintended consequences of government regulation lead to even more government coercion.

In its blind search for the "correct" interest-rate policy, the Fed can't succeed in extending the boom indefinitely.