Mises Wire

The cronyism on display at the Brazil Olympics seems almost harmless compared to the chaos in far-more-socialist Venezuela. 

The key to economic growth is not optimism or good "animal spirits." They key is increased productivity and wealth accumulation.

Maybe the best thing we can do then is to let ourselves be guided by Bastiat's saying: "The worst thing that can happen to a good cause is, not to be skillfully attacked, but to be ineptly defended."

Delving further into the jobs report, we see that many of the jobs that were supposedly created were jobs in government.

Police departments are upset that new freedom-expanding laws are making their jobs less lucrative. 

The Federal government likes to play both sides of the environmentalism debate in order to increase its own power.

Rothbard, far more than his Beltway critics, understood the practical necessity of working with diverse people on an issue by issue basis.

"Coffee and milk became luxuries years ago, but the scary scarcity — of things like bread — have hit my middle-class home."

The view seems to be that if a higher minimum wage is mandated that employers will continue to make all of the same hiring decisions. Not true.

Labor productivity in the US is experiencing the worst trend seen since the late 1970s.