Mises Wire

The government's near-monopoly on education services has destroyed innovation and choice. Meanwhile, little is gained from relentless increases in spending.

John Law's disastrous Mississippi Company bubble can still instruct us today.

Private cities may seem outrageously radical or utopian, but  we are already using this approach very successfully in other areas of our lives. The transfer to our social order is only the last step in a development already under way.

The British Broadcasting Corp will remain firmly ensconced within the British state for the foreseeable future.

It is impossible to force the economic development of society by artificially encouraging investment and initially financing it with credit expansion.  This policy can only have benefits if economic actors also elect to begin saving more at the same time.

The "experts" are complaining about advertisements from formula companies. Meanwhile, the US government spends billions on subsidizing formula through welfare programs.

If a century of bloodshed, murder, vast prison systems, and starvation won’t convince the advocates of communism among American millennials, then perhaps nothing will.

The economy is not an engine, or a tool, and does not perform any “work.” The economy is you and me.

Money supply growth fell in July, dropping to the lowest rate recorded since February of this year.

It's not really true that governments can always just print money to pay off their debts.