Mises Wire

Forget the notion that the Armed Forces are under civilian control.What the generals want, the generals get.

 The interventionist impulse is to alienate, divide, vilify, bomb, kill, and endlessly sow international discord. Yet it is the proponents of peace and trade, we are told, who are the "isolationists." 

Just as liberty must be the highest political end, peace must be the highest end of foreign policy.

We should not be surprised that credit in the eurozone is falling along with monetary aggregates. The entire burden of monetary normalization is falling on the productive sector, families, and businesses, while many governments continue to increase deficit spending.

In the recent killing of an elderly Utah man by federal agents, the government shows it will come down hardest on those who don't pose realistic threats.

While Murray Rothbard believed that self-ownership formed the basis for private property rights, other philosophers disagree.

With the current jumble of poltical terms, it is hard to discern what is "libertarian," and what is not. Economic freedom and individual rights must be at the top of the list.

Censoring and shutting down speech on the Internet is not a random thing. The people doing it are highly organized and almost always tied to ruling elites.

As politicians at all levels debate paying black Americans "reparations" for chattel slavery, a careful study of the wealth gaps between ethnic groups shows that ethnic prejudice explains very little. Other factors matter more.

Hollywood can create stories from thin air, but when the film industry creates malinvestments, there is a bust in the future.