Mises Wire

The real problem was the money supply inflation that happened during the boom phase. Combating deflation in the bust phase only superficially treats a symptom of the boom-bust cycle.

The fruit of the Enlightenment has been the growth and centralization of the state, at the expense of all other institutions. The material plenty we enjoy today are in spite of this change, not because of it.

Mandatory parental leave imposes costs on employees who don't qualify for leave, and on the employers themselves — driving down demand for workers, and raising unemployment. 

Murray Rothbard was a genius. One aspect of this was his writing as an American historian. He was every bit as significant a scholar here as he was as an economist and philosopher.

Trump's high-tax trade policies have been a disaster for agriculture in the United States, marked by rising suicide among farmers, and declining incomes for farming households.

Problems with data are yet another reason why empirical science is never “settled.”

Although the subway was never totally private, the history of government's expanded role in running the system has been a history of higher fares and worse service. 

The US Constitution doesn't mention immigration regulation as a federal power. So some have tried to redefine immigration as "invasion." It's an unconvincing claim.

Anti-climate-change schemes will hit people in the developing world hardest. And when it comes to dealing with an uncertain future, poorer parts of the world are the places that will need fossil-fuel-powered technologies and capital most.

On both the left and the right in Canada, politicians are using the Drug War — and all the lives it needlessly ruins — to play political games that help only the politicians.