Mises Wire

Lee Friday
Economic growth in Canada will continue to be hampered as long as the government continues to erect roadblocks to business investment.
Robert P. Murphy
Economists often discuss capital and interest, assuming that “interest equals the marginal product of capital” when in fact that is simply wrong.
Daniel Lacalle
Yellen had the chance to rein in the Fed's ultra-dovish and inflationary monetary policy — and she blew it.
Ryan McMaken

Madison's ideas of "democracy" and "mob rule" apply to no regime today, and no modern self-styled "democracy" fits Madison's definition.

Douglas French
The good news for pension funds is that Americans are retiring later and dying sooner.
Frank Shostak
Tightening the money supply "too fast" is not what causes economic busts. Creating money "out of thin air" is the real problem.
Tho Bishop
Few presidencies have ever done more to widen the gap between rich and poor than Barack Obama.
William D. Hartung
When someone in DC wants more money for the troops, just remember that what they’re actually talking about are troops of overpaid defense contractors.
Brian Saady

Ordinary street gangs could never ascend to the levels of criminality made possible by the US-sponsored drug war in Mexico.

T. Hunt Tooley
So as we come to this particular grim centennial, we do well to examine the causes and repercussions of the Bolshevik Revolution.