Mises Wire

Frank Shostak

Recessions grow out of government and central-bank interventions that direct resources away from true wealth generating activities — and toward bubble activities.

Henry Hazlitt

Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. 

Ryan McMaken

The Second Amendment was motivated by much earlier English ideas about decentralizing the power of the king. It was hardly the invention of Southern slave drivers. 

David Gordon

Although the pope remains unaware of this, the rise and development of capitalism has resulted in a massive decrease in global poverty.

Thomas E. Woods, Jr.

As experience now makes clear, the War Powers Resolution did not fix the problem of presidential usurpation of Congress's war powers. 

Daniel J. Mitchell

There is a very stark contrast between market-friendly Botswana, South Africa, and the statist hellhole of Zimbabwe.

Ryan McMaken

So long as he uses a "national security" ploy, a president can raise taxes without so much as a debate in Congress. 

Ludwig von Mises

The capitalist system is a system in which promotion is precisely according to merit. Marx didn't like that.

Carmen Elena Dorobăț

International trade hasn’t had a very good time lately. The outlook is bleak indeed, but it’s not the first time, nor will it be the last.

Ryan McMaken

Even The Washington Post admits that secession movements are a key component in promoting peace and ending conflicts.