Mises Wire

In the early republic, debates over constitutional rights were centered on state bills of rights. But, over time the state charters were gradually co-opted by federal judges and courts.

“The public be damned” is a statement by railroad magnate William Henry Vanderbilt that has been twisted out of context. While the American ruling classes insist that private enterprise is the enemy of the people, it really is our government that bears that distinction.

One of the great myths of US history is that Herbert Hoover was a laissez-faire president. In truth, he intervened in the economy more than any of his predecessors, creating the crisis known as the Great Depression. His successor made things even worse.

While Vivek Ramaswamy was unsuccessful in his Republican presidential primary bid, at least he helped to demystify the Federal Reserve. This is not the usual political rhetoric the public receives.

California’s legislature wants to combine the idea of two-part price discrimination with a soak-the-rich mentality in charging for utilities. What possibly could go wrong?

Mark shares the latest episode in the Mises Institute's The Costs of the Progressives video series, "The Drug War," which cites Mark's research on the economics of prohibition.

When the government wants to make something more affordable, that usually means new subsidies, laws, and regulations that drive up the real price. Higher medical prices will mean more medical bankruptcies.

The right to self-defense is a crucial component of our rights of self-ownership. Wanjiru Njoya explains the details.

Joakim Book reviews Hidden Cost of Money by Seb Bunney. While the book makes some good points, it leaves much to be desired.

Henry Hazlitt's The Failure of the New Economics remains the best criticism of J.M. Keynes's General Theory.