Mises Wire

Many people believe that the board game Monopoly, developed during the Great Depression, mimics a real-world capitalist economy. Monopoly is a game, not real life.

China's authoritarian gerontocracy has built a Doom Loop with Chinese characteristics, with over half the economy now crashing.

David Hume, Adam Smith, and Étienne de Condillac observed that money is neither a consumers' good nor a producers' good and that, therefore, its quantity is irrelevant for the wealth of a nation.

Can a government regulatory system be reformed? In a word, no. The free market is always the best regulator of quality and safety.

While progressives blame climate change for the deadly Lahaina fire, government created the conditions for the blaze and then helped set it.

Contrary to the government's line that "inflation hurts everyone," inflation really is a wealth transfer from those without political power to the politically connected.

As family life descends into crisis in the USA, many conservatives call for state intervention to "fix" things. It's state intervention that created the problems in the first place.

Members of Congress claim to be "concerned" over the proposed merger between LIV Golf and the PGA Tour. They should be supporting it or, even better, backing off completely.

The European Union should have abandoned ideological decisions and allowed technology, competition, and industry to provide the optimal solution that delivers a competitive and secure supply of energy. 

The possible bankruptcy of Thames Water Company in Great Britain brings to mind the heady days 40 years ago when Margaret Thatcher's government was privatizing state-owned enterprises, including TW. Not all privatization stories have happy endings.