Mises Wire

It is important to change our political culture, which treats "democracy," or the "right" to vote, as the supreme political good.

97% of consensus economists didn’t see the last recession the quarter before it started. Even worse, 77% didn’t see a recession when it was already happening!

If the US administration truly wishes to "To Make America Great Again," there is no way around addressing the Fed.

The public debate of inequality is a muddle of bad assumptions and a disregard for how global poverty has plummeted — thanks to markets — in recent decades.

Amazon Smile is increasing the donation rate 10x from October 29 – November 2.

Congress has no small part in the endless cycle of debt, spending, and rising bureaucratic power.

Private debts are privately paid. Public debts are paid by the taxpayer. 

In coming years, interest payments on debt will increasingly pull money away from programs like Medicare and military spending.

Kerkorian was an eighth-grade dropout who would go on to earn billions, and epitomized Mises's idea of the entrepreneur.

Some Marxists have been quite explicit about their desire to apply the Marxist idea of exploitation to nearly every facet of society.