Mises Wire

The EU’s precariousness will only be fully exposed by the next credit crisis and the ECB’s response to it, which will end up collapsing the euro.

Once it is understood that profits and losses evolve from the changing values of consumers, it becomes obvious that abolishing windfall profits or windfall losses is impossible.

The prices of goods are not set mechanically by some kind of supply-demand curves but by the goal-seeking choices of individuals.

Economics is not like the physical sciences, and reasoning and analogies based on the physical sciences are often misleading in economics. 

These three books can open up a deeper understanding of war, drugs, and human society in general.

While Pence pointed out the massive violations of civil liberties in Venezuela, Nicaragua, and Cuba, he forgot to mention what has been occurring at the US's Guantanamo Bay.

Neither the United States nor the European Union are so free of protectionist “sin” to cast retaliatory tariff stones at the other. 

The Fed is already living dangerously with its recent hike, and further rises will all but guarantee a credit crisis. 

Californians will be able to vote in splitting the state up this November. Which is great because California needs a huge dose of decentralization.

Without saving and investment, there can be no material progress — which is necessary for cultural progress and flourishing.