Mises Wire

Competition and cooperation and not two things in conflict. They are both essential ingredients in a society based on voluntary action instead of violence.

Africa has plenty of hard workers and plenty of natural resources. But private property is not secure there, which means few are willing to invest their capital there.

The best EU is an EU in which free and sovereign nation-states voluntarily come together to cooperate.

Italian fascism and German national socialism were committed to abolishing private property in practice, if not in name.

The experience with which the sciences of human action have to deal is always an experience of complex phenomena. No laboratory experiments can be performed with regard to human action.

Environmental activists in US politics are making it quite clear that their goal is nothing short of a socialist economic revolution.

The trade deficit has increased since President Trump took office, consumer prices are rising, and American industries are losing their competitiveness on the world stage.

Virtually all laws involve "legislating morality." When people use this phrase they often really just mean "I want laws to back my version of morality, not yours."

In the conditions of a labor shortage, which necessarily materializes if wage rates go below the point corresponding to full employment, the payment of higher wages provides exactly the same benefit to employers.

"Digital cash" is the latest terrible idea from those who want to give central banks more power to meddle in the economy.