Mises Wire

The political passion for "social justice" is creating a larger free-rider problem and a problem of injustice.

More than two thousand years ago, the ancient Chinese Tao presented ideas that are reflected in F.A. Hayek's concept of spontaneous order.

The use of interstate compacts by US states shows that the states don't need the federal government to dictate or manage interstate relations. 

Some residents of St. Louis, fed up with the nonprotection from the city's police, have hired private security to deal with the problem. The egalitarian Left, of course, doesn't like that.

When it comes to the debt ceiling, political parties are irrelevant, and the recent debt ceiling drama, was little more than a sham. 

President Biden announced recently to much fanfare that his administration will transform the US economy through central planning. This does not end well.

Socialists and communists claim to support the rights of "indigenous" peoples. However, that support rings hollow given how the USSR abused the native peoples of Siberia, all while American socialists and communists uncritically supported the Soviet Union.

Pennsylvania legislators don't claim to be putting people out of work or killing job opportunities. They claim they just want workers to earn more pay.

The usual answer is that secondhand smoke is bad. But if value is subjective, perhaps secondhand smoke also can be seen as a public good.

One of the biggest problems of Biden's neo-Keynesian approach to government budgets is that it leaves households with less money in real terms and the “anti-inflation” measures increase debt and inflation.