Mises Wire

A reminder that economics applies even to floods and snow. Everything choice is a trade-off and subject to opportunity cost.

Outlaw emergency rooms that aren’t owned by politically well-connected hospitals.

Featured in this issue of the Quarterly Journal of Austrian Economics (Vol. 16, No. 4):

With President Obama’s State of the Union Address and its associated campaign prominently featuring increased minimum wage, tired arguments for rai

Joseph Salerno writes in today’s

This point came up in the Mises Academy “Interwar Years” course yesterday evening.

In the Quote of the Day at Café Hayek, Don Boudreaux highlights Adam Smith

by Michael S. Rozeff

Over at Mises Canada I explore the following unfortunate facts concernin