Mises Wire

In the deepest sense, the American Revolution was a conscious majority revolution on behalf of libertarianism and against power.

Having failed to show that capitalism impoverishes people, socialists have invented a new victim of material prosperity: the environment. But this latest turn is the most disturbing of all in its knee-jerk hatred for human beings and human life.

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.

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.

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.

Like his mentor Murray Rothbard, Justin Raimondo was an enemy of the state; and like Rothbard, he was magnificent in his scornful laugh directed at the Leviathan state.