Mises Wire

The costs of war are vast and horrific. Most people know this, which raises the question of why the US government seemingly can’t live without it.

Most economists believe that a growing economy needs a growing supply of money. While sounding like a common-sense idea, it turns out to be dreadfully wrong.

There is no doubt that Chinese firms have made many advances in AI technology, but how far they can go in the future still is an open question.

Murray Rothbard wrote many years ago that government regulation, ostensibly created to protect consumers, actually protects incumbent producers from competition. Decades later, nothing has changed.

Everyone loves to have time off, but what happens when governments force people not to work against their will?

The Fourteenth Amendment to the US Constitution has been the basis of numerous Supreme Court decisions, yet there is a compelling case for its never having been legally ratified. In this week’s Friday Philosophy, Dr. David Gordon examines those claims.

Our history books tell us about how Alexander Graham Bell invented the telephone. They don’t tell us that his company then successfully got the government to grant it monopoly powers, thus harming consumers and stifling technological innovation for nearly a century.

The rhetoric of independence allows the Treasury and the Fed to cooperate when convenient and deflect blame when something goes wrong.

The stereotype of the Prussian as the militaristic, state-loving creature probably needs to be rethought. The history of Prussia and its people is more complicated than contemporary historians wish to admit.

As Sophie Cunningham of the Indiana Fever drove toward the basket for a seemingly easy breakaway layup, DiJonai Carrington of the Chicago Sky bore