Forty years ago, American politicians claimed that Japanese economic success was due to government economic planning. Unfortunately, the myth of industrial policy never seems to die, no matter how many times it is discredited. Original Article: "Industrial Policy Did Not Bring Prosperity

President Barack Obama returned from the 2010 G20 Summit held in Toronto having failed to convince world leaders that more “economic stimulus” was needed to cure what ails the world’s economies. Walking a seeming tightrope between too much spending and

Yuval Noah Harari, who teaches history at Hebrew University in Jerusalem, denies that free will exists. However, to deny free will is to deny human action itself. Original Article: "Objection, Professor Harari! Logic Proves the Existence of Free Will" This Audio Mises Wire

The heart of economic growth is an expanding subsistence fund, or the pool of real savings. This pool, which is composed of final consumer goods, sustains individuals in the various stages of the production process. The increase in the pool

Modern progressives are not "reformers." Instead, as Murray Rothbard wrote, the progressive method is to seize control of the state and impose their own agenda on everyone. Original Article: "Woke Egalitarianism and the Elites" This Audio Mises Wire is generously sponsored by Christopher

Federal budget deficits are increasing, but the Biden administration shows no signs of restraining its spending. This is not going to end well. Original Article: "Budget Deficit Hits Monthly Record Due to Biden’s Policies" This Audio Mises Wire is generously sponsored by Christopher

Not satisfied with hamstringing the oil and gas industries, environmentalists now are shutting down farms and production of livestock, all in the name of fighting climate change. But people still need to eat. Original Article: "Forget Oil. Now They Are Coming for

If anyone believes that it is reactionary hysteria to claim the radical Left wishes to destroy the traditional family, then let Sophie Lewis’s 2022 book, Abolish the Family, allay such concerns. This “Manifesto for Care and Liberation” sets forth the

This will be brief, appropriate to the topic at hand. It consists of a quote from Milton Friedman found in Joseph Salerno’s outstanding book, Money: Sound and Unsound: If a domestic money consists of a commodity, [such as] a pure gold standard

Can you imagine giving people who are already suffering from mental illness a drug that you know will make them worse? Sounds like something out of a sadistic horror movie. Long-term mental illness sufferers experience such torturous states of mind