Mises Wire

The failures of farm programs remain a reminder of why Washington’s power needs to be radically slashed across the board.

One of the main shortcomings of the mathematical economists is that they deal with a "static state" as if it were something really existing.

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

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

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

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.

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. 

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