Mises Wire

What matters is not whether the emergence of a bubble is associated with price rises but rather the fact that the emergence of a bubble gives rise to nonproductive bubble activities.

Probably no other belief is now so much a threat to liberty…as the one that democracy, by itself alone, guarantees liberty.

Economic realities mean the socialist state would need to utilize the same method of discounting wages as capitalists do. The only difference is that under socialism, bureaucrats would do the "exploitation."

Bizarrely, people from Paul Krugman to Tyler Cowen seems to think that libertarians rule the world and that everything that has gone wrong is libertarians’ fault.

In this timely series, several Mises Institute scholars and writers come together to discuss the themes running through the 2020 election race and the most important policy issues for the American presidency.

A repeated pattern of close elections accompanied by threats of violence (or actual violence) is a sign that something is wrong with a nation's political system.

Fighting erroneous socialist doctrines is not a special interest of a single class but the cause of all; everyone would suffer under the limitation of production and of progress entailed by socialism.

The new "right to repair" measure on the ballot in Massachusetts has very little to do with rights, and a lot to do with new costly and bureaucratic mandates on automakers. 

Kenneth Arrow showed in 1951 that the entire project of social choice theory rested on quicksand.

Politicians love to present themselves as benefactors of mankind. In truth, they add nothing to the happiness and well-being of the voters they hope to exploit.