Mises Wire

A trade deficit isn't actual evidence that anything is wrong. But if it were, one of the best things to do would be to reduce government spending. Unfortunately, politicians disagree. 

Pollsters, many of whom predicted an overwhelming "blue wave," obviously failed miserably as reliable gauges of political sentiment. But prediction markets may offer an alternative. 

Unless the Left's opponents focus on changing voters' ideological drift to the left, candidates who want to actually win elections will have to keep moving left also. 

An economic depression is not caused by the collapse of the money stock, but rather by the collapse of the pool of real savings. This is set in motion by previous monetary pumping.

Grand invocations that "I will unify us" are actually shorthand for "We mean to get our way, regardless of others' well-being and desire."

Romanticizing the history of nonwhites to portray them as saints is dehumanizing.

Election 2020 is the same as every other election, only the state’s mask of legitimacy is slipping. 

Even if he loses, Donald Trump still has time to change military policy, pardon allies, unseat the Federal Reserve Board of Governors, and throw a wrench in the deep state apparatus.

By abolishing private ownership for production goods, socialism abolishes the market for them, and makes it impossible for market prices to emerge and for costs of production to be computed

As Ludwig von Mises said, “whoever wants peace among nations must seek to limit the state and its influence most strictly.” This is applicable to peace within nations, too.