Mises Wire

Democracy works best at a small scale. The electoral college's nod to this reality is much too weak. But it's better than nothing. 

Joseph Salerno discusses the Hoppean method of addressing economic controversies.

Thanks to entrepreneurs, markets are dynamic and constantly expanding. Attempts by governments to manage prices through the bureaucracy are sure to hinder this dynamism and drive to serve customers.

Mexican interventionists are now pushing the idea that Mexico is a country dominated by a free-market ideology which they call "neo-liberalism." But any serious look at Mexico's government makes it clear this is not the case.

Objective reporting in journalism has always been based on a myth. Happily, the facade of objectivity is now breaking down.

In February, year-over-year growth in the money supply was at 3.1 percent. That was down from January's growth rate of 3.3 percent, but was up from February 2018's rate of 3.0 percent.

What the international trade and monetary system needs in order to grow healthy are free markets, sound money, and entrepreneurs to maintain, accumulate, and employ capital for best satisfaction of consumers around the world.

Yoram Hazony’s critique of Hayek highlights interesting fissures in theories of political economy on the Right.

Being resentful about a business transaction after the fact isn't the same thing as being exploited or abused.

The Green New Deal contains a wish list of progressive social and economic goals that come with a staggering price tag.