Mises Wire

Although there has been excitement and fanfare over the recent BRICS meetings and proclamations, it is doubtful that these economies’ performance can match their rhetoric.

Protectionists falsely claim that free trade provides only negative consequences to the economy while simultaneously claiming protectionism provides net benefits.

Help us destroy the greatest myths of our time. If you donate during Fall Campaign, your gift will be doubled!

While governments claim to want the well-being of their citizens, they inevitably attack the real source of prosperity: entrepreneurship.

President Biden is trying to entice Vietnam to enter into an alliance with the USA to try to "contain" China and its Asian ambitions. This will not end well.

Official Washington is shocked—shocked!—at the alleged influence peddling by Senator Robert Menendez. But it is the pursuit of empire and attempts by Washington to meddle everywhere that make such peddling so profitable.

Keynesians claim that the source of economic growth is consumer spending. Austrians know that net savings are the key to a growing economy.

If the only antidote offered to prevent a 2008-style contraction is monetary easing, then the risk of stagflation is even higher. Without drastic cuts to deficit spending, or a recession, the likely outcome is stagflation.

The best people in the world support the Mises Institute. Will you join them?

In the wake of the Arab Oil Embargo of 50 years ago, Congress banned U.S. export sales of crude oil. The results were different than what government "experts" imagined.