Mises Wire

The drug war enables government agents to seize the property of people never convicted of any crime.

Government is not a wealth-creating entity, and more stimulus will not help the economy. In fact, more stimulus will hurt the wealth creation process.

Dr. Huagiao's translation is an invaluable contribution to the growing library of works about the Austrian school in China.

Many of the threats to liberty posed by this year's presidential candidates are due to the long history of supporting expanded presidential power.

The government wants to arrogate to itself the power, which, in an economy, is in the hands of the consumers.

Jon Grinspan's new book The Virgin Vote reminds us that democracy has no golden age of civil and well-reasoned electioneering.

Many of Venezuela's woes stem from the Venezuelan state's reliance on price controls to enact its socialist goals. Famine has resulted.

A fall in the US velocity of money M2 to 1.44 in June from 1.51 in June last year and 2.2 in May 1997 has alarmed many experts.

Mainstream economics is fraying at both ends. It is vague, and lacks precision. Austrian economics, meanwhile, is rooted in concrete human action.

For Mises "human society is thus spiritual and teleological," the "product of thought and will."