Mises Wire

Many still to this day will not admit that the devastation witnessed in Venezuela is a problem inherent to socialism.

There is no justification for any lawful entrepreneur to feel any sense of guilt in appropriating the results of his or her creative activity.

UK politicians are now at war as some push to make Brexit a catalyst for pro-market reforms such as slashing taxes. Others, however, want to double down on the worst the EU bureaucracy has to offer.

Last year, on net, nearly 138,000 more people left California than moved into it from elsewhere in the US.

Wishing people had higher wages doesn't change the fact that it's impossible to make people richer by merely passing a law. Workers can only sustainably be paid more if they produce more. Fortunately, markets offer an answer to this problem.

Usually, in the marketplace, the billionaire gets his billions when he provides a service that enormous numbers of people are willing to voluntarily pay money for.

Among the fallacies Mises debunked in his first book were those of the chartalists - the predecessors of Modern Monetary Theory.

Abuse of power by police won't magically disappear if racism does. There are still plenty of reasons for police to abuse power, and few reasons for the public to believe that police will be held accountable.

The Eurozone's massive "green" policy plan has the EU facing high unemployment, stagnating growth, and energy bills of twice as much as seen in the US.

People are not economic automatons who necessarily arrange their families in ways that advertisers and employers want them to.