Mises Wire

Mainstream economics is obsessed with “maximizing” so-called utility functions and discovering the ubiquitous “social utility curve.” In this week’s Friday Philosophy, Dr. David Gordon takes apart this “utility” fixation.

Even as historians have softened on their outlook on Hoover, they usually still manage to avoid the obvious connection between interventionism and lack of economic recovery.

The phenomenon of falling birth rates is due to factors far beyond the mere cost of living, and state-funded benefits for childrearing activities have failed to increase fertility rates.

Is minarchism an antidote for the growing statism and socialism infecting our body politic? Think of it as “statism lite.”

Socialists claim they just want to create a more “just” and “equitable” economic system. In reality, socialism is a political system that uses economic rhetoric.

The modern debt culture—underwritten by the Federal Reserve’s expansionary policies—is not only harms capital development, but it also encourages short time preferences, which diminishes the structure of production.

Politicians in both parties are promising to address the affordability crisis. But neither is focusing on, or even discussing, the true causes. Here’s what they are and how to fix them.

Cheney was an architect of both Iraq wars, and he was a perennial supporter of the American surveillance state, torture, and more.

The rent is too high. However, government interference into rental markets has been the main reason rents are so high in the first place.

When we think of the term “equality,” most of us think of it in a formal sense: equality under the law. However, political elites are demanding “substantive” equality, which is impossible to achieve.