Mises Wire

New research is sparking fears that junk debt could trigger a repeat of the 2008 crash.

When the topic involves poverty, bank failures, unemployment or inequality, the advocates of fashionable policy implore us to take immediate action, almost regardless of the costs down the line. Enter climate change and this seemingly changes everything.

Citizenship based on a person's current location is a long and well-established principle in the Americas. But this is not the case back in Europe.

With roads, it is time to give private enterprise a chance.

Oskar Lange was a Marxist economist and intellectual opponent of Mises. Late in his career, he sought to merge praxeology and Marxism. 

Angela Merkel has caused cultural blowback with seemingly unchecked migrant flows while simultaneously harming business with higher taxes and more anti-business regulation. The results have not been great.

All too often, many want governments to do things to others we wouldn't want to have done to us.

In the developing world, government schools are notable for corruption, low quality, and few options. Private schools have stepped up to provide services where governments have failed.

Governments take on a variety of responsibilities as a justification for greatly expanding powers — claiming these powers are necessary to fulfill these new responsibilities.

In a true market economy, the financial success of one person cannot conceivably be the cause of someone’s else’s poverty. In fact, it's the opposite.