Mises Wire

Leonard Read has explained how so many Americans arrived at the clearly false notion that a government post office is necessary.

Is democracy a vehicle for the peaceful transfer of power out of the hands of an unpopular government? Are ballots a substitute for bullets?

Over time, the demand for reparations has evolved from a demand to compensate specific victims to became just another call for more funding from a national welfare state.

Secession increases ethnic, linguistic, religious, and cultural diversity, while in the course of centuries of centralization hundreds of distinct cultures were stamped out.

Mises explicitly explained that fascism (which he called by its Italian name, “stato corporativo”) is nothing but an outgrowth of socialism and is incompatible with a free market.

The case for the privatization of roads has much to recommend it if only in terms of how it would affect the power of the police to detain us, search us, and seize our property.

If we can spend a few trillion overnight to bail out investors and send out 150 million stimulus checks, why not also launch a universal basic income and a slavery reparations program?

There are two kinds of inequality. One develops as societies innovate and become more productive. The other kind results from government corruption and intervention.

Demand for gold tends to increase as faith in government and government intervention in the economy declines.

Market knowledge is generated in individual transactions and by entrepreneurial drive. No amount of technology can replace the market process.