Mises Wire

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.

When inflation hits, we see higher overall prices for everyone. But inflation hits lower-income people the hardest, and they bear the brunt of this tax.

Typical discussions about the fate of our planet center around issues like war, climate change, and sovereignty. Peter Zelhan says "the halcyon days of 1980–2015 are over."

The New York Times recently interviewed economist Herman Daly, who insists that economic growth is ecologically destructive. There is much more to the story.

Elites are attacking the government of Mauritius for having lower tax rates than other African countries. The real issue is the levels of taxation in other African countries.

While most people tend to see the Ukraine-Russia war as a current phenomenon, it is the continuation of what happened in Europe more than a century ago.

Like all other places, Africa has a more nuanced history than what people previously have believed. The continent was not devoid of technology before the advent of colonialism, as there were pockets of inventiveness and small-scale manufacturing.

Any political statement made today, by any politician or candidate, can be answered thus: "We don't believe you." 

Western elites are using Africa as their little laboratory for renewable energy schemes. Not surprisingly, these initiatives leave Africans in poverty and their economies in tatters.

Thomas Piketty writes about equality and believes that reimposing communism in the West will achieve it. Mark Thornton disagrees.