Mises Wire

All of Al Gore's children went to Harvard. Are we really to believe that this is because the Gore kids had the most "merit"? The only real  meritocracy is in the marketplace. 

Get beyond the PhDs running the Federal Reserve or the way people treat the Fed with deference. In the end, it is nothing but a legal counterfeiting ring.

Two "distinguished" healthcare analysts have examined the medical system in the USA and conclude that the REAL problem is . . . large hospitals. Dale Steinreich applies economic analysis to their claims.

As sales and price growth slow, the real estate industry is betting everything on a return to easy money. In 2023, it's become the very foundation of their "market."

Molinari's "liberal principles had been proclaimed by Cobden, Gladstone and Bright in England, and by Turgot, Say, Chevalier and Bastiat in France."

President Biden's executive order to "strengthen equity" in the federal government is doomed to fail. It will create a lot of havoc in the meantime.

There is no denying the awful history of slavery in the Western Hemisphere. However, to better understand its legacy, we must rely on truth, not myths.

Other psychic factors being equal, it is to everyone's self-interest to maximize his monetary income on the market. But this maximum income can then be used for either “selfish” or for “altruistic” ends.

Progressivism is collectivist, anti-individual, and ultimately destroys civilization itself. Austrian economics stands against this force.

Do military leaders really understand economics and, especially, do they understand the devastating effect war has on peaceful economies? Certainly, not enough of them understand economics.