Mises Wire

And yet I feel obliged to withhold my approval ... [for] the appropriation of public funds...

It is a common fallacy that if a person is successful in business, they will be a good politician. This is dangerously naive.

There is much to learn about Ludwig von Mises form his writings on economic conflicts of those years between the two World Wars.

The medical establishment has done its best to crush market-oriented strategies to make healthcare more affordable. 

Central banks can put in motion a prolonged deviation of expectations from the facts of reality. But they can't keep it up forever. 

There's no reason to believe choosing representatives through a lottery system or "by chance" is worse than what we have now. 

I hope to correct a persistent misunderstanding about Mencken's economic and political ideas.

From free trade to cutting welfare, here are four ways to improve immigration policy that don't make government more intrusive in our lives.

The Soviet economy was such a mess that regular infusions of new technology and capital from the West were necessary to avoid total economic meltdown.

Methodological individualism is a precious tool for historical analysis. But it is not a foundation of economic theory.