Mises Wire

Central banks' efforts to artificially stabilize interest rates encourages greater risk-taking by banks, and contributes to instability in the banking sector.

The scare tactics from Beto O'Rourke and Alexandria Ocasio-Cortez​ is yet another example demonstrating the farce of the climate change policy debate. 

The Time magazine article creating "the gateway drug" myth in the 1970s provided no citations for its claims, except ambiguous references to unnamed “experts.” The evidence remains elusive 40 years later.

Compared to other types of universal healthcare systems, what we call "single-payer" healthcare is possibly the worst of all.

Tax bureaucrats are very useful in helping politicians abuse their power. Presidents have long used the IRS to harass and attack their political opponents.

A comparison between the two theories of entrepreneurial action suggest that it may be time to drop the use of the words “equilibrium” and “disequilibrium” from economics.

Jerome Powell has lost his faith in a new surge in economic growth. So, it's back to endless stimulus to keep the current cycle going.

In the words of Henry Hazlitt, "ideas which now pass for brilliant innovations and advances are in fact mere revivals of ancient errors."

France has a lower income than 49 US states, which may shed some light on why protests continue all these weeks later.

When governments resort to unbacked fiat currency, a many-layered swindle lies hidden behind the appearance of a quick fix.