Mises Wire

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.

Murray Rothbard was an elite economist, historian, and avowed enemy of the state. His legacy lives on nearly three decades after his untimely passing.

Some have wrongly blamed the current bank failures on the Federal Reserve’s interest rate increases. The real problem is how the Fed encouraged the entire financial system to get addicted to easy money. 

Most socialists are not misguided about how to have a prosperous economy, for that is not their goal.