Mises Wire

A central bank whose policies accommodate irresponsible deficit spending by the federal government is a menace to society, unleashing uncontrollable forces.

Sanctions remain popular because they placate the voters who insist "we" must "do something," and government officials are more than happy to accept this invitation to grow state power.

Antiracist training involves confessing one’s thought crimes, reporting on friends for "wrong ideas," and other "reeducation" methods familiar to the Stalinists of old.  

Pundits demand that US Supreme Court nominees be the "best and brightest" jurists. However, SCOTUS appointments have been and always will be purely political.

Critics of free markets claim that capitalism causes poverty. After economic restrictions against India's Dalits caste were lifted, many Dalits were able to secure a better life and rise from poverty.

The covid-19 lockdowns not only destroyed businesses, but also destroyed the sense of community in small towns and rural areas.

Washington now claims to reject the idea of "spheres of influence" and pretends its own sphere of influence doesn't exist while demanding all nations fall within a US-dominated global order.

Is China's property bubble signaling a crisis? The current property market turmoil originates in regulatory action to reduce financial leverage and it may not lead to a full-fledged financial meltdown.

In the months since Angela Merkel’s departure from the German chancellorship after sixteen years in power, the editorials praising her reign have been legion. This is not one of them.

Keynesian orthodoxy claims government can successfully counter recession through "expansionary" policies. To the contrary, these policies increase the danger to the economy.