Mises Wire

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.

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.

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.

Not satisfied with putting thousands of people out of work with its infamous AB 5 legislation, California lawmakers now are going after fast-food businesses.

Between its political happy talk in the contrast to reality and its broken promises, whatever credibility the Fed had in the past is long gone

Bottom line, it’s a recession at the moment; whether it gets worse depends on inflation, and policymakers goofing around whistling past graveyards should give anyone pause.

Politicians declare that their top priority is improving environmental quality. Their inflationary policies say otherwise.