Mises Wire

Here are the fateful words that set the stage for years of high unemployment: “We believe in the principle of high wages.”

Can the Star Wars franchise survive if it ignores the consumers?

Although libertarian principles are radical, the path to fulfilling them may not be that radical at all. 

Pastor built on the work of the French liberals, and anticipated  many of the later insights of the Austrian School.

The challenge from now on for OPEC and for oil producers is not to seek artificial price inflation, but to improve efficiency. 

Contrary to the government's claims, Britain is not becoming safer as the British government becomes bigger.

Some investors and entrepreneurs are good at guessing future trends. Economics, however, isn't what gives them the tools to do so. 

The gold standard, if not abused, is not conducive to boom-bust cycles.

Price controls, tariffs, and wage controls are politically attractive as such powers are to a ruling clique, but they make no sense economically.

Monopolistic abuses rarely survive without a basis in one form or another of special privilege granted by government.