Mises Wire

The core problems protested by the "Yellow Vests" are largely of an economic nature, while they also targeted the political class that is widely seen as being out of touch with reality.

Many modern scientists simply follow in the footsteps of Jacques Cousteau who once opined that “world population must be stabilized and to do that we must eliminate 350,000 people per day.”

The "Green New Deal" is aptly named, in the sense that the original New Deal was a massive boondoggle that restricted liberty and crippled the economy.

Although hardly "free-market" in any doctrinaire way, the relatively free economy of Taiwan delivered immense growth in standards of living while many Chinese on the mainland starved.

As a government economist for Austria following WWI, Mises fought a losing battle against reckless policies of inflation and government spending.

The Venezuelan central bank helped the regime destroy the middle class's wealth for many years.

A traditional argument for unbacked fiat money was based on the idea it was less-costly to produce fiat money than gold or silver. This cost savings could then enrich society overall. But recent data suggests this isn't true.

The economist’s lot is to study a field in which, almost more than any other, human folly displays itself. 

Big firms that dominate the marketplace have never had much of a problem with government regulations that keep new competitors from springing up.

The academic scholar, along with the great teacher, is vanishing from the universities and being replaced by one-dimensional specialists.