Mises Wire

The Austrians have long argued that equilibrium models of economic phenomena cannot capture the causal, realistic aspect of human behavior.&nb

We don’t oppose the state’s wars because they’ll be counterproductive or overextend the state’s forces. We oppose them because mass murder based on lies can never be morally acceptable.

Today both Mises and Rothbard are better known around the world than their long-forgotten contemporaries. Why is that?

The biggest “success” of the ECB has been the massive bailout of governments at the expense of savers.

Winning support in newspapers’ editorial headlines is not the same thing as constitutional justification.

Federal efforts to confiscate property without due process are a problem. Nor is it a coincidence that the targeted property includes personal firearms.

Scrooge was wrong, and his Nephew Fred was right. While it's true the benefits of feasting with friends and family can't be calculated in a ledger, that doesn't mean those things have no value.

Tariffs and economic sanctions infringe on the fundamental, God-given right of people to trade with whomever they want.

Being so small, Liechtenstein's government must provide services in a way that make it attractive to its citizens, many of whom could easily invest their wealth elsewhere.

Since public schools are funded through tax dollars, the schools don't really care if their safety measures are done in a way that treats students with the sort of respect paying customers would likely receive.