Mises Wire

While most economists admit that value is subjective, they still err by concentrating on scarcity and choice instead of purposeful action by individuals.

"Effective altruism" has become a buzzword with modern progressives who seek to combine state power and billionaire-funded nonprofits to redirect resources.

All the ingredients of a significant global slowdown are already in place, including weak PMIs and weakening consumer confidence. The geopolitical implications of conflict in the Middle East will last for many years.

Two Austrian economists from Sweden provide commentary on the Swedish central bank's choice for this year's economics Nobel Prize.

Most people will claim to be political and social “moderates” yet actually accept extreme socialist viewpoints.

Christianity Today magazine enthusiastically endorses government-enforced family leave, calling it “pro-family.” Government coercion, however, is still violence, not something to be championed.

David Gordon explains Murray Rothbard's famous assertion that laws against libel and slander should not be on the books.

The recent attacks in Israel are a horrific reminder of how lightly guarded civilization is from savagery.

Even when Congress tries to restrict government agencies from illegally gathering information on people, the agencies simply exploit legal loopholes or just break the law—without consequences.

The boom-and-bust cycles are not natural to a market economy, contra Keynes. Instead, government through monetary manipulation creates them—and then politicians blame markets themselves.