Mises Wire

There will be life after Trump one way or another, but in the long run, it seems as though the ruling party always wins.

Expanding mass support for socialism in the 1890s put a rude end to the optimism of laissez-faire liberals. Many saw that the twentieth century would put an end to the great civilization that had been the product of nineteenth-century liberalism. 

While advocates of "decolonization" claim that property rights are a form of "Eurocentric imperialism," they also demand that results of economic prosperity that follow an ethic of property rights. "Decolonizers" cannot have it both ways.

Social Security is headed for reduced benefits, and no amount of political rhetoric or even tax increases will solve that problem. The numbers do not lie.

While US taxpayers pay billions for military missions around the world in the name of “keeping us safe,” the federal government fails to keep residents of the nation’s capital safe from violent crime.

Year over year, the drop in money supply remains at Great Depression levels. Over the past six months, though, the total money supply has flattened, suggesting the liquidity is far more plentiful than the inflation doves would have us believe.

Before there were other kinds of college admissions quotas, there were Jewish quotas. Jane L. Johnson writes about the days when she was an Affirmative Action West Coast student for colleges in the East.

Political and economic elites predicted a doomsday scenario when Trump was elected in 2016, but the reality of his presidency didn’t come close to matching the apocalyptic rhetoric that accompanied it.

No state regime is a business and it doesn't have a business model. Real businesses rely on free voluntary exchange with customers. States rely on violence and coercion. 

Economists are fond of claiming that employing data and statistical analysis is actually “doing economics.” No, they are “doing data” and nothing more. Real economics employs real theories that explain economic phenomena.