Mises Wire

Behavioral economics claims it has shown that people behave irrationally — often make mistakes, and have problems with self-control. But is this really irrational behavior?

The key factor behind the rate-of-exchange determination is the relative purchasing power of various monies.

Even if we accept the mainstream narrative on the effects of climate change, the costs of implementing a global regulatory "mitigation" program are far higher than advocates admit.

The Nobel committee this year showed that it has embraced clever economic modeling as a replacement for scientific progress.

Money spent on "luxuries" goes to support ordinary people who use profits from luxury goods to make a living and support their families.

Blaming the euro will not save Italy. Italy’s problem is political spending — the same problem that this new budget is going to greatly increase.

We have designed a survey to investigate 8 entrepreneurial traits. Please help us to refine this research instrument by participating in this survey.

 If you believe The Atlantic, rejection of PC culture is hardly limited to the Right.

To obtain more economic growth, what is needed is a supply of saved capital to put the advanced technological methods into effect.

Government policy often lumps together many people it shouldn't — assuming that everyone in the group labeled "poor" or "low-income" will all benefit equally.