Mises Wire

Yuri Maltsev, a Mises Senior Fellow who once was an advisor to Mikhail Gorbachev when he was an economist in the USSR, has passed away. Rest in peace.

As life expectancy has risen, so have runaway costs. Raising the age won't make Social Security just, prudent, or wise. But cutting federal spending is always the right thing to do. 

There is an undeniable negative trend in European employment and wages that is a direct consequence of constantly increasing intervention in the economy.

The imposition of minimum wages harms the economy, although there are nuances in how much harm they cause. It is better not to impose minimum wages at all.

The leaders of the World Economic Forum have a wonderful future planned for all of us. They just don't plan to share in our misery.

A recession looks more likely every day, and the latest sign of this is slowing price growth in producer prices. After all, price inflation usually slows as the economy weakens and consumers run out of easy money.

All too often we are told that government employment equals selflessness and working for profit constitutes greed. It's time to reassess the meaning of certain words.

All people of goodwill have an obligation to fight the escalation of politics in American life. 

Hindered by government in their home country, Chinese entrepreneurs have excelled overseas.

The only reason central banks buy gold is to protect their balance sheets from their own monetary destruction programs; they have no choice but to do so.