Mises Wire

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

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.

Human rights is a term tossed around casually in our politicized age. Must there be a moral base to such rights, and how do we determine that morality?

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.

The planned subway extension in New York City promises to be the latest financial fiasco in the mess that is the city's undercapitalized and poorly maintained metro.

Income can never be equal. Income must be considered, of course, in real and not in money terms; otherwise there would be no true equality. We publish this in honor of what would have been Murray Rothbard's 97th birthday.

The foreign policy "elites" have been wrong about regime change, sanctions, "the lesson of Munich," a "rules-based order," and pretty much everything else.  

As the Biden administration continues to inflate the dollar, other nations are questioning the existence of the petrodollar.

While the Biden White House claims we are on a steady course of prosperity, the more realistic future is that of a global recession.

We can be sure that the "natural elites" of which Hans Hoppe wrote are not among the Davos crowd. That group of "elites" has an agenda, and it is not liberty and free markets.