Mises Wire

The Buffoons at Oxfam Believe it's Better to be Poor in Afghanistan than Singapore

Global EconomyPoverty

Blog10/12/2018

The last thing the left wants is for people to understand that poor nations only become rich nations with free markets and small government.

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Yes, Inequality Is a Problem — When Caused by the Government

Money and BanksTaxes and Spending

Blog10/12/2018
Some inequality arises naturally from freedom of choice. Some comes from government meddling. One is good and the other is bad. …
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The Market Isn't a Schoolmarm: The Austrian School versus Chicago

Other Schools of ThoughtValue and Exchange

Blog10/12/2018

Unlike a moralistic schoolmarm or a government, markets do not punish or tax anyone. They merely reflect the choices we make and the values we hold.

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The Bigotry of the Literati

Big GovernmentMedia and CultureSocialism

Blog10/11/2018

The tremendous machine of “progressive” propaganda and indoctrination has well succeeded in enforcing its taboos. 

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Conflicting Government Data Shows the Importance of Sound Economic Theory

U.S. History

Blog10/11/2018

Even if we can observe amazing amounts of economic progress in the face of rising government intervention, in a relatively free economy, this can always be attributed to the resilience of the market system, and the power of human innovation and productivity.

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You Can't Legislate Physical Reality

Blog10/11/2018

Lawmakers once tried to legislate the value of Pi.

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Government Police Fail to Make Arrests In Nearly Half of Murder Cases

Bureaucracy and Regulation

Blog10/11/2018

Many urban police departments fail to make arrests in even half of the murder cases in their jurisdictions. Imagine if a private sector policing firm had a similar rate of failure.

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Trump's Trade War Threatens Walmart's Low Prices

Protectionism and Free TradeTaxes and Spending

Blog10/10/2018

Thanks to Trump's tariffs, discount stores have to raise prices — thus increasing the cost of living for ordinary Americans.

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