Mises Wire

As expected, this week's political convention failed to offer any real solutions to the problems we face.

Even if consumer protection regulation is motivated by good intentions, it inevitably undermines competition and consumer welfare.

Central bankers are moving heedlessly toward what Ludwig von Mises called "crack-up boom."

The Blacklist's Raymond Reddington illustrates how private-sector criminals are often better than the public-sector kind.

In the UK, a national minimum wage was introduced in 1999. Things have been getting worse for young workers ever since.

Murray Rothbard suggested that non-state insurgents were preferable to state-operated militaries. But can non-state armies ever succeed?

The UK's exit from the EU cannot and will not, in itself, trigger malinvestments and their subsequent inevitable liquidation through a bust.

Hillary Clinton and Donald Trump represent variations of the same political theme.

Here in Brazil, free-market ideas have long been ridiculed and ignored, with disastrous results.

As Venezuela shows, living close to an international border can be an important lifeline. This illustrates the benefits of political decentralization.