Mises Wire

Reports that the official unemployment rate has fallen to 5.1 percent may appear to vindicate the policies of easy money, corporate bailouts, and i

Economists, bankers, fund managers, and investors around the world are absolutely fixated on the Federal Reserve’s anticipated announcement this week, with many fearing that a rate hike could trigger more shocks like the recent Black Monday selloff.

James Fenimore Cooper widely influenced American literature.

Mises Daily Tuesday by William L. Anderson:

David Friedman once said that “government can’t even give anything away.” Given how much of electoral competition consists of promises to give peop

Progressives once bragged about how their economic policies favored whites over blacks in the job market. Nowadays, Progressives claim to be helping racial minorities, although their economic policies remain exactly the same.

Ludwig von Mises coined the term “Montaigne Fallacy” to describe the famous 16th century French essayist’s blunder in describing market transactions as inherently exploitative. But is there more to him than his famous fallacy?

Refugees no longer stop at the nearest safe haven, but instead are lured into enduring hazardous black-market journeys for a welfare-state payoff. At the same time, states offer high fees and reams of paperwork for those seeking legal passage.

Mises Daily Monday by Justin Murray:

Refugees no longer stop at the nearest safe haven, but instead are lured into enduring hazardous black-market journeys for a welfare-state payoff. At the same time, states offer high fees and reams of paperwork for those seeking legal passage.

There's no shortage of intellectuals eager to churn out new schemes for central planning.