Mises Wire

The destruction of capital, economic and otherwise, is contrary to every human impulse.

Central banks’ economic models predict deeper negative rates are necessary in the event that a significant recession materializes. This would be a disaster.

Here we see two rival strategies to marketing healthcare services. The status quo is based on insurance payments and price secrecy. Walmart's strategy is based on price competition. 

When a parent leaves the work force to focus on parenting, this shows up in government stats as lower employment and less consumer spending — suggesting a less productive economy. But that's not what's going on at all.

While searching through my apartment after a tragic fire, under soot and ash, I found these “lost” Rothbard lectures, recorded at NYU in 1979 and 1980.

Libertarian Christians should be aware that they are not compromising their beliefs or somehow acting in a way divorced from Christian history and orthodoxy when they do not join illiberal Christians in their quest for power and control over non-believers.

The classical economists were also nationalists, and they viewed free trade as one of the most important means for advancing the security, prosperity, and cultural achievements of their own nations.

The Puritan impulse for social reform produced social control that has been secularized, centralized, and has achieved a kind of permanence within government bureaucracy.

Neither loose monetary policy, nor big-spending fiscal policy can grow an economy. All that these policies can do is to redistribute a given pool of real savings from wealth generators toward non-wealth generating activities.

The old American way of doing things came to an end with the 9/11 attacks. At that point, the national-security branch of the federal government adopted many of the same powers as the Chinese communist regime, and without any amendment to the Constitution.