Mises Wire

Economists and political elites fondly claim that economic growth is due to increased technological knowledge. That is only partly true.

Decades of low interest rates have ruined saving in the US economy, and banks are going to pay dearly for it.

The covid restriction machinery is being ramped up in time for fall, despite the fact that covid poses little danger.

Something is very wrong in the developed world when some consider Milei a dangerous radical and say nothing about the radicalism implemented in the Fernandez-Kirchner years.

In their war against free speech, progressive governments are now denying dissidents use of the banking system.

Murray would tell us to stop sending money and arms to the Ukraine and to end all sanctions against Russia. What goes on in that region is none of our business. 

China rose from poverty after the Mao years only because its political leadership embraced private property and a market economy. Unfortunately, today the Communist leadership is moving back to socialism.

Some Jamaicans complain that the Chinese are "colonizing" the country because of their economic success there. Actually, their success is due to entrepreneurship and plain hard work.

The vast American welfare system is imploding. Future tax revenues will not come close to meeting future obligations. Something must give.

To progressive elites, the state (at least one run by progressives) is omniscient and all-powerful. To anyone with understanding, the state is an entity usually run by gangsters.