Mises Wire

Ludwig von Mises

Fighting erroneous socialist doctrines is not a special interest of a single class but the cause of all; everyone would suffer under the limitation of production and of progress entailed by socialism.

Gary Galles

Probably no other belief is now so much a threat to liberty…as the one that democracy, by itself alone, guarantees liberty.

Robert P. Murphy

Kenneth Arrow showed in 1951 that the entire project of social choice theory rested on quicksand.

James Ketler

The new "right to repair" measure on the ballot in Massachusetts has very little to do with rights, and a lot to do with new costly and bureaucratic mandates on automakers. 

Daniel Lacalle

As we face a second wave of coronavirus outbreak in Europe, we know that the March measures and aggressive lockdowns were a grave mistake.

Ryan McMaken

A very close or contested election would remind us that elections do not demonstrate "the will of the people" and that national unity is founded on some very fragile myths. 

Gary Galles

Politicians love to present themselves as benefactors of mankind. In truth, they add nothing to the happiness and well-being of the voters they hope to exploit. 

Jim Fedako

If democracy is so fundamental, shouldn’t we all have a vote in every place we set foot, from Sunbury, Alaska, to Monaco?

Ryan McMaken

"Countries threaten to split apart when their people seem hopelessly divided….We’re less united today than we’ve been at any time since the Civil War."

Douglas French

If the current thinking continues, the world’s central banks will buy whatever paper governments issue. The result by the end of the decade will be a Federal Reserve balance sheet totaling $40 to $50 trillion.