Mises Wire

In free-market circles, most government intervention is dismissed as "socialist," with the result that the term has lost its true meaning.

The problem with the Excel spreadsheet approach is not the intentions of policymakers, but that such tools cannot possibly replace the market process.

Calling an arbitrary government-imposed penalty on carbon a "market cost" is a disingenuous as not calling such a plan a "tax."

Starting today, the Royal Bank of Scotland will become the first bank in the U.K. to impose a negative interest rate on depositors.

With central banks falling into step in a seemingly inexorable race toward negative interest rates, this could point to bigger problems on the horizon.

Government schemes are powerless in gauging where comparative advantage lies, whether we are talking about trade or sports.

If you are looking for a short introduction to socialism that rewards rereading, Thomas DiLorenzo's The Problem With Socialism is it.

Central bankers have become enablers to debt-addicted governments.

When new money is made, it helps those who get the new money first (usually the wealthy) — at the expense of those who get it later (the poor).

Under a system of tariffs, subsidies, and restrictions, we get companies like Coke and Pepsi producing collectivist drinks for the masses.