Mises Wire

Political and academic elites have successfully convinced the public that they should fear private enterprise. However, people really should fear an out-of-control government.

Despite statements from Biden and other progressives, profits in a market economy are not a form of plunder. Instead, they represent entrepreneurial gains that mostly benefit consumers.

The Fed doesn't want to admit that new federal debt is significantly higher than private sector demand, and the Fed is more concerned about a bond market meltdown than price inflation. 

What are property rights and how do we define them? The late Butler Shaffer argued that they come from our “will to own.”

The decades of American and European intervention in Africa are coming to an end, and things are even worse for American interests there. Perhaps overthrowing governments and trying to dictate political outcomes wasn’t a good idea.

Despite the accusations that Javier Milei is a fascist in libertarian clothes, many of his reforms have been successful in reversing some of the damage done to Argentina's economy by real fascists.

Somalia is a country invented by European intervention. The region known as Somaliland ought to be free to secede from this imperialist creation. 

Many people are selling their gold to make ends meet. Others are buying gold as insurance against mounting price inflation. 

When people think of anarchy, they picture violence and rioting in the streets. However, real anarchy is simply people voluntarily organizing their time and activities without being coerced by state authorities.

As federal prosecutors expand the government's definition of crime, more and more people are swept up despite the fact they have harmed no one.