Mises Wire

The fewer non-productive bubble activities we have, the better it is for those activities that actually crate wealth. But attempts to reverse deflation with new money creation only create new bubbles.

Marxist G.A. Cohen is troubled by the freedom libertarians grant to property owners. But artificial limits are unnecessary when practical realities have so often intervened to limit property ownership by any one person.

It's not necessary to completely destroy capitalism to impoverish us irrevocably. The further a regime moves in the direction of the "egalitarian" states of the old communist world, the worse the impoverishment will be.

When it comes to addressing the popularization of socialism, the radicalization of academia is the lynchpin issue. If we could succeed in reversing that tsunami, many dominoes would fall.

The history of poverty is almost the history of mankind. The ancient writers have left us few specific accounts of it because they took it for granted. It was the normal lot.

Cash prizes of $1,500, $1,000, and $500 will be awarded to the top three papers.

Some politicians are sure that even average Americans are working more grueling hours than ever. On average we have more leisure time than ever now, and working hours are down over the past 20 years.

While some governments have sought to wage war against cryptocurrencies, Switzerland is striving to become a "crypto-nation." 

From Oregon to Rhode Island, counties and municipalities have announced they will not enforce various state and federal gun laws.

Noah Smith's Bloomberg column praises Milton Friedman's "plucking model" of recessions, where the severity of a bust is connected to the strength of the following recovery. Does this refute Mises' BOOM-BUST theory?