Mises Wire

"I doubt whether there is today in any democracy … personal liberty as well secured as it was then in Portugal.”

Could progressive pressure, mixed with escalating economic pressure, push White House decision-makers to replace Jay Powell with an advocate of MMT?

The popular pastime of modern democracies of punishing the diligent and thrifty, while rewarding the lazy, improvident, and unthrifty, is cultivated via the State, fulfilling a demo-egalitarian program based on a demo-totalitarian ideology.

For the libertarian, the way forward is not joining in left-right political boxing matches, but secession. The success of libertarianism is independence from the state’s influence.

Macron says vaccines are not compulsory for the general public for now, but they are essentially required for anyone who wants to live a normal life. 

US car owners are being preyed upon by thieves, because South African mine owners are being preyed upon by their government. 

Destructive ideas almost unavoidably derive from a destructive and—in the case of Marxism—rather repulsive person.

Canada‘s “private” long-term care homes are anything but private. But the fact a small sliver of the marketplace is allowed to charge fees for services means activists want even more socialized medicine.

The public usually doesn't understand how fiat money expansion benefits the regime at their expense. The regime likes it that way. 

In a free, unhampered market economy, individuals’ expectations are likely to correspond to the facts of reality. But we live in an economy where central banks routinely distort market signals and deceive the public.