Mises Wire

In "progressive" America, words tend to mean the opposite of what they are supposed to, and "social justice" essentially means “not justice.” 

Progressive elites tell us we will own nothing and will be happy. They forget that fundamental human rights are linked to property rights.

Davos has made it clear that Western elites do not lead naturally but rather want to impose a way of life that the rest of us don't wish to live by.

The Austrian Economics Research Conference is the international, interdisciplinary meeting of the Austrian School, bringing together leading scholars doing research in this vibrant and influential intellectual tradition.

Paying off the debt obviously won't happen, and the feds won't even contemplate anything that keeps the debt from getting bigger. They'll just try to inflate the debt away, so get ready for price inflation. 

While people often associate propaganda with dictatorial regimes, American public education has created a propaganda machine that Stalin would have envied.

While economists speak of GDP as a legitimate measure of the economy, a closer look tells us that it is biased toward consumer spending and fails to give a true measure of the value of capital.

"Government" and "state" are terms typically used synonymously these days. But good governance and good law do not require the presence of the state and its monopoly power. 

Governments in the US subsidize immigration through a bevy of welfare programs. The effect of subsidization is predictable: you get more of what you subsidize. This is true for student loans, ethanol, immigrants, and more.

Some economists believe that the balance of payments is what determines currency exchange rates. In fact, exchange rates are always about the purchasing power of some currencies relative to others.