Mises Wire

We are told ad nauseum that the capitalist system runs on greed. In reality, a successful economy depends mostly upon trust.

From the sixteenth century to today, techno-asset inflation is found where monetary inflation and technological revolution interact to produce virulent asset inflation.

A brief episode of competition in the early telephone industry demonstrates that, even when hampered, competitive pressure challenged the state-created telephone monopoly. Exploring this territory allows us to imagine the possibilities of what could have been in true a free market.

How socialists learned to work through institutions instead of throwing up barricades. It seems that America’s “democratic” socialists are repeating the same strategy.

A common misconception about the French Revolution is that it was some sort of classical liberal or libertarian revolution.

After the death of Jason Arday, it is appropriate to examine the academic system in higher education and see why we should not expect it to change.

Modern monetary theory is an idea and an inchoate theory that lacks serious defenders.

The backlash against automated license plate readers is not really about traffic cameras. It is about a public that no longer assumes the people in charge are acting in good faith.

Mayor Zohran Mamdani has stated plans for five city-owned grocery stores to compete with private stores in NYC. However, as Henry Hazlitt and Frederic Bastiat before him have pointed out, the unseen costs in an initiative like this will outweigh the “seen” benefits.

The island nation of Jamaica has the potential to be an economic powerhouse, but, instead, the government wishes to pursue a self-defeating policy of demanding “reparations” from Great Britain and other western nations.