Mises Wire

As we watch the once proud edifice of higher education in the USA crumble, we realize that we are looking at institutional failure itself.

The only lesson for the United Kingdom is to remember that if you follow Greece’s economic policies, you get Greek debt, unemployment, and growth.

Academic historians of the "acclaimed" new history of capitalism have a major weakness: their claims do not match the historical record.

We must do the hard work of writing good history which tells true stories about markets, the modern state, decentralization, and the tyranny of government health officials.

Entrepreneurs serve consumers by creating our future. They do this by trying ideas for new, imagined goods and paying wages to workers and developing new capital. 

College faculties historically have leaned left-of-center, but today, a rigid progressive ideology is enforced not only by faculty, but also by higher education administrations.

The European electricity market is probably the most state-regulated in the world. More intervention is not going to solve the problems created by politics.

The French, who coined the term laissez-faire, have become people thoroughly captured by statism. Professor Salin shows another way for France to go.

It is easy to think of supply and demand curves as being key to economic analysis. In reality, they can't tell us much, and emphasizing them actually stands in the way of better understanding economic processes.

Government inflation makes people’s responses much more delayed, leaving people’s value adding greatly degraded.