Mises Wire

Phil Duffy

When Cardinal Robert Prevost was named Pope, he took the name of Pope Leo XIV. Leo XIII authored Rerum Novarum, which is the basis for Catholic social teaching and is friendlier to private property and free markets than anything the Vatican has produced since then.

Ryan McMaken

The British complained of unfair competition from goods supplied by the American colonists. So the state intervened to manage trade and make it “fair.” But the American revolutionaries saw protectionism for the scam it was, and still is.

Joshua Mawhorter

When the American Revolution broke out, the American colonies were perhaps the least-taxed place on earth. How did this country move from that position to the colossus it has become today? Joshua Mawhorter provides some sobering July 4 reading to find the answer.

Ryan McMaken

The Declaration of Independence is about radical opposition to state power. The Declaration takes a stand against political vices like unity, loyalty, and centralized power.

Ryan McMaken

June‘s job growth was hailed in the media as proof of a strong economy. Except there‘s a problem: fully half of these new jobs were government jobs.

Jason Rivers

Britain‘s Labour Party won an overwhelming victory at the last election, and Prime Minister Keir Starmer has already following the script of Labour when it was run by communists. Already, a large number of wealthy taxpayers have left the country for lower tax havens.

James Murphy

As housing prices have skyrocketed in Ireland, the government did what governments do all too often: impose rent controls. Such interventions into the housing market have created downstream effects that continue to encourage even more intervention.

Alex J. Pollock

After more than fifty years of US government-sponsored housing finance, why has home ownership not increased and why are houses unaffordable?

William L. Anderson

Voters in last week‘s Democratic Primary in New York City had to choose between a socialist and a crony capitalist. They chose the socialist. Fifty years ago, establishment politicians drove the city into de facto bankruptcy. A new generation of political elites are doing the same.