Mises Wire

While collectivism was implied in Sismondi’s idea of a “general interest,” Owen and Fourier offered the first formal expression of full socialist collectivization.

Family policy has become an important area of ​​state growth in recent years. In the past, various state interventions served to protect the family (tax privileges, child benefits, etc.), but today’s politics are almost exclusively harmful to the family.

Our government is forever whining about, threatening against, high drug prices. Our pharmaceutical industry is “fighting” the Chinese in this economic “war” with both its hands tied behind its back.

The Supreme Court this week limited a state government's control over what is supposed to be a sovereign Indian tribe. The next step lies in limiting federal control over the tribe also. 

Henry David Thoreau left behind many great admonitions. Alas, philosophical gems are not legal tender when rent is due.

There are at least four good reasons for removing Wilson’s name from Princeton buildings—racial bigotry, his embroiling the US in World War I, his founding of the Fed, and his enactment of the US income tax.

In order to produce capital goods, and hence more consumer goods, we must first forego current consumption. That is, we must save now to have more later.

Ultimately, the case for equality doesn’t amount to more than “You must believe in equality—because you must!”

"Public health crisis" is essentially a left-wing stock phrase at this point, as is reflected by the fact that the solutions proffered to the social ills in question are virtually always some sort of government regulation or income redistribution scheme.

During May 2020, year-over-year (YOY) growth in the money supply was at 29.80 percent. That's up from April's rate of 21.3 percent, and up from May 2019's rate of 2.15 percent.