Mises Wire

The West did not need resources from "Third World" colonies to attain economic development. In fact, colonialism was a result of the West's development, and not its cause.

The economic and social damage done by lockdowns in Germany has fallen largely on the young, especially as older workers hold most of the secure and lucrative government jobs.

In a free market, goods pass to those who are willing to pay the most to get them. A legal system that allows people to bid against each another for the goods they want displays equal concern for its citizens.

America's unipolar moment is over, and it's time to exercise restraint rather than indulge in endless fantasies about regime change and American-led "global democracy."

Europe's path to long-term stagnation should serve as a reminder for the United States, again, of why it is not advisable to follow the eurozone policies. The results are invariably disastrous.

Syndicalism is a method of attack by organized labor for the attainment of certain political ends. It requires widespread acts of destruction on "capitalist" institutions as a means of ushering in a socialist regime.

Despite double-digit unemployment rates, banks are keeping loan-loss provisions low, no doubt assuming Uncle Sam will keep everyone’s boat afloat. But all good things come to an end.

As confidence in the dollar falls, Americans put more of their money in gold, silver, and cryptocurrencies. State governments can help this process along by deregulating sound money.

What kind of liberalism are we talking about?

We’re in a terminal debt spiral. The only question is how long it will last until the patient succumbs.