Mises Wire

Private debts are privately paid. Public debts are paid by the taxpayer. 

In coming years, interest payments on debt will increasingly pull money away from programs like Medicare and military spending.

Kerkorian was an eighth-grade dropout who would go on to earn billions, and epitomized Mises's idea of the entrepreneur.

Some Marxists have been quite explicit about their desire to apply the Marxist idea of exploitation to nearly every facet of society.

This latest attack on corporate sovereignty will drive companies and jobs out of California.

State-run pensions are sitting on a time bomb.

The US government used foreign aid to spread a eugenics-tinged sterilization policy in Peru in the late 1990s.

What politicians and pundits of the Clinton variety really want is a return to the days of the Era of Consensus of the 1950s and 60s when uncivil opposition was unthinkable.

A big chunk of the voting population relies on taxpayer-funded benefits to pad their incomes. The effects on voting and public policy can't be ignored.

Now untethered from everything except the will of central bankers, international exchange rates  are especially prone to manipulation worldwide.