Mises Wire

The "official" definition of a recession is a two-consecutive-quarter decline in GDP, but there are problems with GDP measurement in the first place.

Despite the decree from the federal government that labor is not a "commodity" or an "article of commerce," Leonard Read knew better.

Aided by state intervention, disinformation is becoming a way of life in communications.

We are regularly being told that we are in a "climate crisis." But what if that isn't true? What if CO2 actually is good for the greening of the planet?

Whether you need college in today's world of unlimited digital information is exceedingly subjective.

Fernando R. Tesón is all mixed up. He thinks libertarians' principled nonaggression ties their hands in the face of violence against others and that this limitation extends to good-guy states.

For now, the dollar seems to be doing well against other currencies, but how long will that last?

Development economists often confuse natural resources with wealth and then are puzzled when countries rich in resources experience widespread poverty. Free markets lead to creation of wealth, period.

In colonial America, "liberty" came to mean rights one possessed outside of government approval. In revolutionary France (and in modern Canada) it has come to mean participation in a political system.

Entrepreneurship is the key to real development, but cultural attitudes are often a significant barrier to entrepreneurship in the developing world.