Mises Wire

Pumping yet more credit into the Eurozone is as effective as giving adrenalin to a dead horse. 

The radical nature of anti-climate-change measures require promises of a near-total apocalypse in the near future. But the date for the promised disaster keeps getting pushed back.

The risk of abusing human rights through AI technologies becomes greater the more AI research is funded or directed by government agencies.

Before wealth can be redistributed by the state, it must first be produced. But welfare-state policies end up destroying the very wealth which is necessary for redistribution.

"Free private cities" are similar to microstates but are based on the idea of explicit contractual agreements between residents and the city government. How would these entities function?

Given the Fed has never spotted a bubble in real time, why should anyone believe we aren't in one right now?

Democracy works best at a small scale. The electoral college's nod to this reality is much too weak. But it's better than nothing. 

Joseph Salerno discusses the Hoppean method of addressing economic controversies.

Existing political tensions within the EU are certain to escalate as the EU falls behind in global economic power, and Brussels, hooked on profligacy, for the first time faces budget cuts.

Thanks to entrepreneurs, markets are dynamic and constantly expanding. Attempts by governments to manage prices through the bureaucracy are sure to hinder this dynamism and drive to serve customers.