Mises Wire

What happens when covid becomes the excuse for a lawless authoritarianism?

Karl Marx may have been a philosopher or just someone with an opinion. He was not, however, an economist.

The "first" Children's Crusade of 1212 ended in tragedy for those taking part. The "second" crusade is not going to produce any happy endings, either.

Thanks to their adoring media, politicians create crises and then blame businesses for them. And the political "solutions" are worse than the original problems.

When politicians speak of "freedom," they usually mean expropriating wealth from one person and giving it to another. That is not freedom at all. Perhaps a better word to use is "liberty."

If even in the years when the mainstream said that there was “no inflation,” we all saw costs rise well above real wage growth, imagine what is happening now.

One excuse that political elites give when they drag nations into war is that the conflict was "inevitable" or "unavoidable." Ralph Raico knew better.

Decolonization is a popular academic and media buzzword. But is colonialism actually responsible for poverty in developing countries? This question deserves an honest answer.

The FOMC has slowed down in its monetary tightening over the past two months, and at Wednesday's press conference, Fed chairman Jerome Powell continued his shift to dovish territory.

Politicians promise economic miracles, but in the end they waste resources and engage in economic destruction. Newfoundland is a case study.