Mises Wire

Marx said that what he wanted was to create a one-world state. And that was Lenin’s idea too.

The evolution of global trade over the last decades has thus been influenced to a significant and yet unrecognized extent by the expansionist monetary policies of governments around the world.

It is not easy to change the failed policies of the Kirchner era without recognizing the enormous monetary and fiscal hole created by the previous administration.

By threatening the Venezuelan regime and imposing sanctions, the US has only inflamed Venezuelan nationalism, while providing the regime with a convenient scapegoat.

If the Wal-Mart CEO were to take a $1 salary and the company were to spread that over each of the company's workers, each worker would receive a one-time bonus of $10.

Social Security acts as a sort of "reverse insurance," doling out money now, leaving less for the future.

The way vaccines are packaged and distributed is often driven primarily by politics and government regulation — and not by medical concerns.

Even if a machine were technically capable of providing the same service more cheaply, many consumers are likely to prefer human staff in many cases, including nurses and care providers, entertainers, chefs, and teachers.

The center-left in Spain survived last weeks elections. Whether the economy can survive the left's tax addiction remains to be seen.

Government injection of funds into trade finance prevents interest rates to rise, deepening malinvestments and precluding the readjustment of international trade after a crisis.