Mises Wire

There is a lot of talk about tax reform these days. Not surprisingly, none of it involves cutting spending or lessening government revenue.

A state monopoly on the oil industry has been impoverishing Mexicans for decades. Yet, the market is blamed for the economy's woes.

The US economy has been so malformed by interventionist policy, it has become difficult to say how even a policy of repeal might distort markets.

The military can't rationally allocate resources because it can't properly determine prices for them.

The inauguration events are nothing more than pro-government propaganda and fundraising. And, they will cost the taxpayers more than $100 million.

The Drug War has become a linchpin in the fight against continued federal centralization of power. Jeff Sessions is on the wrong side of the fight.

Amazon's new cashier-less and staff-less store is just the latest move in a long history of innovations that have made workers obsolete.

The Fed keeps hinting that it plans to raise the target rate more than once this year. But, the Fed's level of confidence is near zero.

With 2017 now upon us, we are moving toward the hundredth anniversary of direct American intervention into the Great War in April 1917.

George Monbiot of Britain's Guardian newspaper seems to think that Mises is indeed the progenitor of today's crony capitalism and more.