Mises Wire

Murray Rothbard understood that law can be a moral force only insofar as those living under the law reflect their own moral judgments.

Progressives like Robert Reich now claim that there is no inflation, just businesses arbitrarily raising prices so they can increase profits. Such claims do not pass the test of economic logic.

War dissenters are branded "Putinists" by the foreign policy elites who casually flirt with nuclear war. But preferring negotiations to World War III hardly makes one a Putin sympathizer.

We cannot compare the subjective values of different people, as their experienced satisfactions are personal. It is nonsense to say that Adam likes pears 20 percent more than Beth likes pears.

The control of money is extremely convenient to governments, especially to have their own central bank to buy their debt when they are out of money.

Law Professor David Bernstein looks at the system of racial classifications in the USA and explains why they have been harmful.

After following hyper-Keynesian policies for more than two decades, the Fed is about to create the conditions that Keynesians claimed were impossible: an inflationary recession.

For the past three decades, the result has been the same: the US economy exits a crisis with significantly more debt, lower employment growth, and slower GDP recovery.

Celebrities in Western countries generally support socialism or some sort of collectivism. While they benefit from supporting collectivism, the poor people they claim to care about suffer under it.

Progressives claim that while they might acknowledge the presence of scarcity, nonetheless, we can reject a "scarcity mindset" because governments can order an end to scarcity through fiat.