Mises Wire

The goods created by automation—and the labor freed up by it—become inputs for industries downstream.

In his book-length essay on neoliberalism, Alberto Mingardi provides some much needed clarification and explanation of this concept that has long been one of the Left's favored bogeymen. 

The Dems are still claiming that welfare spending withered away during the Trump years. But that's obvious nonsense, and Trump's megaspending slathered trillions of dollars on pretty much everything.

The government tantrum over the Capitol riot has shown that the regime sees its own property as sacrosanct. Your private property, on the other hand, is completely expendable and of no importance whatsoever. 

John Taylor's Tyranny Unmasked is one of the best American books on trade by one of the most thoughtful and least appreciated political analysts of the founding era.

The current cannabis prohibition policy creates scientific backwardness regarding cannabinoid drugs’ benefits and their actual harm. 

It's becoming increasingly clear that Christian schools that accept federal funds will soon have to make a choice between abandoning those funds or fully embracing the ruling class's views of gender politics. 

Capitalism works well in developing countries when certain cultural obstacles are overcome. But if we ignore the cultural foundations of market institutions, we only succeed in generating contempt for capitalism. 

Like other "antidiscrimination" schemes, the Equality Act is just another way to to extend federal power over every private institution and aspect of private life. 

Identitarians present a parody of human rights: only approved groups are recognized as victims. Unapproved individuals are lost in the balkanization despite the fact that, in the final analysis, only individuals suffer and cry out for help.