Mises Wire

Should political reform be the result of a much-discussed comprehensive plan? Or should it come about through decentralized decision-making that deals with the situations at hand?

People from socially and economically marginized groups in the USA tend to support socialism. Yet socialists have a long and bloody history of suppressing these very groups.

A new bill being sold as an "immigration control" measure is really a vast expansion of the federal regulatory and surveillance state known as "E-Verify."  The potential for abuse is enormous. 

By any conventional measures of finance, the Federal Reserve has negative equity. In the long run, cooking the books only puts off the day of reckoning.

While Japan made some technological transfers to these places, prosperity came to them later, with the advent of free-market economies.

A century ago, Argentina was one of the world's wealthiest nations and the Argentine peso rivaled the dollar. Today, Argentina is famous for periodic hyperinflation.

The combination of higher rates and declining optimism about the economy, plus slumps in equity, private investments, and bond valuations, is going to inevitably lead to a massive crunch in access to credit and financing.

It is the right of the consumer, not the regime, to determine what lighting sources work best for them.

Another mass shooting, another call for gun control. However, when it comes to mass killings, Washington sets the sorry example.

Modern Western culture is dominated by demands for "social justice." But how does one even define this term, and does social justice even produce justice in the end?