Mises Wire

Recessions are good for an economy because they involve a resolution process, but a big recession for this boom town could be great for the world economy.

My most recent post featured links to a radio episode and magazine article that briefly mentioned the plight of citizens as it related to nutrition after the Castro Revolution. If you are interested in learning more about the consequences of socialism for Cuba I recommend the following ...

In this video, Ron Paul and Daniel McAdams discuss whether or not protectionism will improve the American economy.

Those who advocate equality of income distribution overlook the most important point, namely, that the total available for distribution, the annual product of social labor, is not independent of the manner in which it is divided.

Truly cohesive communities can only exist on a relatively small scale. Most people outside these groups will then be seen as "outsiders." Our goal must be to minimize conflicts with these outsiders, and voluntary exchange is our best option.

In his children's book on life under the Stalin cult, Breaking Stalin's Nose, author Eugene Yelchin examines a child's encounter of the difference between propaganda and reality.

The capital city of NATO and the European Parliament, the city of Brussels is a prime target for the radicals that the elites of Brussels and Washington helped create.

If allowing markets to operate represents an "ideology" to most people, so be it. I would argue that markets represent a lack of ideology. More importantly, markets provide far and away the most practical approaches to difficult problems like terrorism.

Simple Janet should have the decency to resign.

For the Republican elites, it probably seemed like business as usual when the 2016 primary election started. But in a country where people are truly worried about their economic future, the old rules don't apply.