Mises Wire

Given the way it's calculated, GDP can be driven up just as much by squandering wealth, as by building it up.

Trump seems to want a smaller trade deficit, and increased net capital flows into the U.S. at the same time. But he can’t have both.

Jeff Deist reviews Michael Malice's The New Right in the forthcoming September/October issue of The Austrian.

In a free society, defamation would be a nonissue. No one would be able to use the courts to punish other people for the things they say or write. The only exception would be if a person voluntarily signed, then violated, a contract agreeing not to say certain things.

It was Ludwig von Mises who revealed the intimate connections between Austrian economics and authentic liberalism.

For Brussels, giving in on Brexit encourages rebellion from disaffected populations in other member states, but do they really have a choice? 

Those who suffer most from mandated wage hikes are low-skilled workers, disabled workers and part-time workers in the sector. And poorer regions suffer more than rich ones.

Anti-poverty programs pushed by social democrats have enabled ever higher levels of corruption as bigger government programs mean the ultra-rich can skim more off the top.

We can start dismantling the US empire by giving Guantanamo Bay back to Cuba, followed by a termination of all foreign aid, a closure of all foreign military bases, and an end to regime-change operations around the world.

Shelton has been condemned by "experts" from both sides, but anybody who would liken the Fed to the Soviet central planners is an independent thinker worth considering.