Mises Wire

In the 19th century, the common view of federal soldiers was "as slackers on the public dole" and people with "such a lazy life," as to be "certainly not worth their country's crying about."

Argentinians have voted again for the policies that led to the 2014 financial crisis, and many crises before it. The regime remains inflationary and committed to big spending.

The American cost of living is driven up not only by housing and healthcare costs, but by even larger increases in tax bills and government spending.

The fewer non-productive bubble activities we have, the better it is for those activities that actually crate wealth. But attempts to reverse deflation with new money creation only create new bubbles.

Marxist G.A. Cohen is troubled by the freedom libertarians grant to property owners. But artificial limits are unnecessary when practical realities have so often intervened to limit property ownership by any one person.

It's not necessary to completely destroy capitalism to impoverish us irrevocably. The further a regime moves in the direction of the "egalitarian" states of the old communist world, the worse the impoverishment will be.

When it comes to addressing the popularization of socialism, the radicalization of academia is the lynchpin issue. If we could succeed in reversing that tsunami, many dominoes would fall.

The history of poverty is almost the history of mankind. The ancient writers have left us few specific accounts of it because they took it for granted. It was the normal lot.

Cash prizes of $1,500, $1,000, and $500 will be awarded to the top three papers.

Some politicians are sure that even average Americans are working more grueling hours than ever. On average we have more leisure time than ever now, and working hours are down over the past 20 years.