Mises Wire

The “AI” in our present real-world hype is nothing like the sci-fi “creatures” of film; AI machines are nowhere near conscious beings.

On this episode, Ryan and Tho are joined by Mark Thornton to debunk political talking points confusing the stock market with the real economy.

High debt levels function as a drag on economic growth, siphoning off resources from productive investment and stifling innovation and entrepreneurship. 

Open-borders advocates often point to the alleged openness of borders between the individual states in the USA. However, a closer look shows there are many restrictions most Americans are unaware of.

Over the last thirty years, this conference has been the first step to a career in academia for many Austrian scholars. Please consider funding scholarships for the best and brightest to come to AERC.

As the Fed engages in rollercoaster monetary policies, the errors that build up during the Fed-induced boom turn into a veritable “circus of errors.”

In his State of the Union speech Thursday, President Biden will claim the economy is growing—and that his administration will “crack down” on corporate greed. He will not address the damage his administration has done to the economy.

David Gordon reviews Paul C. Graham’s Nonsense on Stilts: The Gettysburg Address and Lincoln’s Imaginary Nation, examining Lincoln's logic and finding it wanting.

It is during “emergencies” when we learn who really holds political power, and how ineffective are constitutional measures designed to limit the regime.

Paul Krugman claims that the real factor determining inflation is the rate of unemployment, not increases in the supply of money. As usual, he is wrong.