Mises Wire

If we stick to the data, regardless of which socioeconomic indicator we choose, it seems clear that the sharp economic downturn began long before 2017.

Supply, demand, and prices affect human usage of natural resources in such a way that the most scarce and valued resources are economized and preserved. The practical effect is that valuable resources never really run out.

Now that they're already rich, the millionaires and billionaires who say "tax me more" are really just trying to become popular by imposing new, harsher rules of the game on everyone.

Trump haters are concerned that Trump will "stain" the Lincoln Memorial with a speech on Independence Day. But Trump is extremely unlikely to ever match Lincoln's blood-soaked legacy. And that's a good thing.

The Left is on the march. Everything is at stake.

There is no evidence that Iran is likely to capitulate to American demands. The historical record demonstrates that great powers can inflict enormous punishment on their adversaries and yet the pain rarely causes target states to surrender.

Government manipulation is shifting wealth from Main Street to Wall Street. But most people don't see the growing gap between the growth of financial wealth and the real economy.

In response to tight housing markets, the Berlin government has decided to make things worse through price controls and new regulations on housing construction.

There is a field where Austrians are being heard and where Austrian theory is tremendously influential, and that field is dynamic entrepreneurial capitalism.

Given that Fed policymakers are of the view that a decline in the annual growth of prices is bad for the economy they are most likely to embark on very easy monetary policy in near future.