Mises Wire

Why are there economic disparities between racial groups? A popular explanation is that they are caused by racial discrimination. Wanjiru Njoya takes a closer look at these claims.

Last week, more than 50,000 people illegally entered the Spanish exclave city of Ceuta, which normally has a population of only 80,000. Why not just open the border permanently? 

Mainstream economists tend to think of cash balances as the heart of new savings. Actually, real savings involves much more than that.

If we wish to be honest, the Federal Reserve System needs to be put out of its—and our—misery.

To celebrate The Year of Rothbard, we’re giving away some of his most radicalizing and influential books. Get your copy of our August offering, The Case for a 100 Percent Gold Dollar, before August 31.

The beauty of Austrian economics is that it springs from real human action and does not depend upon the construction of abstract mathematical models meant to parallel reality.

Statistics can be interesting and informative, but only if one can properly understand them through sound economic theory.

As socialists gain increasing power in this country, their first target is private property. We need to push back against this wave of legalized theft.

In this week’s Friday Philosophy, Dr. David Gordon reviews Cronyism: Rise of the Corporate State 1849-1929 by Patrick Newman.

Modern mass democracy, especially when coupled with bureaucracy, creates uniquely powerful incentives for the production, consumption, and institutionalization of unreality.