Mises Wire

Unfortunately, the economics Nobel this year neglects the problems at the heart of the State — the government failures that pollute and impoverish.

Trump has proposed the "Space Force" as a brand new and costly military branch and bureaucracy. The reaction to his plan helps illustrate the complexity of military politics in Washington.

If modern claims about the harm of free trade are true, then Lincoln must have been helping the Confederacy with his military blockade.

No one is discussing Kavanaugh's awful record on the Bill of Rights. Meanwhile, the media is sending a terrible message to women.

All the sophisticated quantitative methods by themselves can't help us understand the cause-and-effect of what's behind the boom-and-bust cycle.    

The Austrian story fits the facts of the housing boom—and bust—much better than the preferred narrative of Market Monetarists.

Without fundamental reforms towards a market economy, the future of Brazil looks bleak.

Bad ideas succeed in politics because those ideas were taught and pushed in educational and cultural institutions first.

Frederic Tudor solved the problems of transporting large amounts of ice over long distances and introducing the citizens of Calcutta to their first taste of ice cream.

Besides the fun of catching Krugman in his flip-flops, his record shows just how weak the empirical case for Keynesian fiscal policy is.