Mises Wire

Creating money out of thin air always sets the boom-bust cycle in motion, even when there's an increase in the demand for money. 

Liberal capitalism enables a degree of peace, harmony and respectful tolerance of the choices and ways of honest living for everyone in society to which nothing else compares.

From growth controls to minimum wage laws, Seattle's government is working hard to cut incomes and increase the cost of living.

There is good reason to study Keynesianism: It helps us understand what the policymakers in government are likely to do in any given circumstance.

Lincoln's disregard for rights of due process was once highly controversial. And the old "we're at war" trick wasn't seen as a convincing excuse. 

There is no truly equal way to distribute goods. But capitalism offers a way for more people to benefit from the process of bidding for those goods and services.

On the 71st Anniversary of the Marshall Plan, let's recall that international wealth redistribution schemes don't work any better than domestic ones. 

So impressive is compensation in the U.S. that even fast food businesses are bidding up wages to compete.

"The greatest fallacy of the classical liberals was their assumption that a constitutionally limited state government was necessary."

There's really no need to do legal gymnastics about religious freedom. A simple respect for property rights solves the problem of forced baking of gay-wedding cakes.