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The jobs data is worse than the latest headlines suggest, and workers are staring at falling real wages, declining savings, and mounting debt. We can thank the Fed.  Original Article: "The Number of Employed Workers Fell in October and Price Inflation Continues

Fundamentally, in a system in which the knowledge of the relevant facts is dispersed among many people, prices can act to coordinate the separate actions of different people in the same way as subjective values help the individual to coordinate

Have you ever lusted for a Lamborghini? I have. Specifically, the Lamborghini Aventador LP 7~00-4 Roadster convertible. There’s only one thing stopping me from getting one. With options, it sells for just under half a million dollars. That’s for a car,

Government programs like Medicare are called insurance, yet they are anything but. There is a difference between public and private plans. Original Article: "Private versus Government Health Insurance: They Are Not the Same" This Audio Mises Wire is generously sponsored by Christopher Condon.

Modern warfare is a product of the state, which engages in violence at home and abroad. Peace is possible, but only when the state loses power. Original Article: "Clausewitz, the UN Charter, and a Libertarian View on War" This Audio Mises Wire is

Much is made of the failure of Republicans to make predicted gains in the recent midterm elections, but, as Ryan McMaken has pointed out, Congress plays a much-diminished role in national governance to the point that even had the so-called

After praising Mises for his work on socialism, Tyler Cowen goes on to claim Human Action is "cranky and dogmatic." "Brilliant and insightful" would have been more truthful. Original Article: "Misunderstanding Mises, Again" This Audio Mises Wire is generously sponsored by Christopher Condon. '

According to the Austrian business cycle theory, the boom-bust cycle emerges in response to a deviation in the market interest rate from the natural interest rate, or the equilibrium interest rate. As a rule, it is held, the tampering with

On July 8 this year, UK prime minister Boris Johnson resigned as Conservative Party leader after a Cabinet revolt over a series of ethics scandals had made his position untenable. A leadership election was then set in motion to allow

Daniel McCarthy joins Jeff and Bob to consider the deep unseriousness of American politics and electorate.  Willmoore Kendall's The Conservative Affirmation: Mises.org/Kendall