Mises Wire

Anything that encourages people to view politicians as saviors imperils freedom. Government controls follow a short step behind subsidies.

What is the modern state? The answer to this question will—and perhaps already has—split the once unified white evangelical voting bloc.

The real world should always be regarded as the best foundation for an economic theory. Yet many mainstream economists think it's fine to ground economic theory in unrealistic assumptions about human behavior. 

The warmer months have been busy at the Mises Institute. Check out what we've accomplished with your help!

When confronted by reporters about the size of their toilet sheet squares, a spokeswoman suggested it was the result of "innovations" allowing "consumers to, basically, wipe their butts more efficiently."

Often, when the “smash the state” position is invoked—especially among those less familiar with the state as an institution—further investigation reveals a dangerous lack of precision about what exactly the state is.

What happens during a depression? Should we expect it to end, or can an economy remain stuck at the bottom?

The Federalists further solidified their victory with the selection of the vice president in the electoral college. They double-crossed John Hancock, instead choosing John Adams who wanted maximum power for the new executive branch. 

Many people want the state to take the lead in revitalizing run-down towns. How does this make sense, when it is private industry that conceived these towns in the first place?

We've all hear the reports of inflation by now, but what about the shrinkflation going on?