Mises Wire

Although social media says otherwise, neutrality in the Ukraine-Russia conflict is a good thing.

Modern portfolio theory, while popular with many economists, runs into serious problems when examined through the lens of Austrian economics

By declaring information in the public domain to be a "state secret," the US Supreme Court has proven that logic is no object when one twists the law like a pretzel.

The Democrats—since they are assumed to be “in power”—will need some sort of scapegoat for inflation, since it is increasingly eating into Americans’ earnings. So now they're blaming the Russians for what the central bank has done. 

Gun control advocates are using lawsuits to try to destroy private gun manufacturers. Despite legal protections for the gun industry, this strategy may well succeed.

From the Volga Germans to the Armenians of the Ottoman Empire to the Spaniards and the Mennonites, choosing emigration as a means of avoiding military conscription has a long history. 

When there is increased money coming into an economy from somewhere, the first recipients benefit. They spend it according to their preferences and benefit from the new money, while others who only face higher prices are hurt.

Kulikowski's two-volume history of Rome offers many lessons in what was at the center of the empire. What was Rome? It was violence—political violence as an organizing principle.

Current rates of inflation are worse than what the government claims. Not surprisingly, the government gains when people are fooled.

The likely election of Ferdinand Marcos Jr. as the next president of the Philippines might create nostalgia for the martial law his father declared as president. Martial law, however, holds no promise for a thriving economy.