Mises Institute

Mark Thornton explains how government intervention creates inequality, privileging protected industries and politically connected insiders while pushing costs onto everyone else.

Murray Rothbard wrote many years ago that government regulation, ostensibly created to protect consumers, actually protects incumbent producers from competition. Decades later, nothing has changed.

There is no doubt that Chinese firms have made many advances in AI technology, but how far they can go in the future still is an open question.

Everyone loves to have time off, but what happens when governments force people not to work against their will?

Months ago, the administration said the war's goals were regime change and the removal of all uranium from Iran. We never hear about that anymore because the war has failed to produce either goal. Instead, Trump calls for opening the Strait of Hormuz, which had been open before the war.

Our history books tell us about how Alexander Graham Bell invented the telephone. They don’t tell us that his company then successfully got the government to grant it monopoly powers, thus harming consumers and stifling technological innovation for nearly a century.

The rhetoric of independence allows the Treasury and the Fed to cooperate when convenient and deflect blame when something goes wrong.

The stereotype of the Prussian as the militaristic, state-loving creature probably needs to be rethought. The history of Prussia and its people is more complicated than contemporary historians wish to admit.

As Sophie Cunningham of the Indiana Fever drove toward the basket for a seemingly easy breakaway layup, DiJonai Carrington of the Chicago Sky bore down on her.

The ordinary people of Europe, so devastated by the shells of the First World War, would again be victimized by the new inflationary national currencies that would destroy savings and investment across the European middle class.

As the birthrate falls in the US and other industrialized countries, we find that government intervention into the economy and family life is a big reason this is happening.

In a recent interview with The Economist, Elon Musk boldly contended that “money won’t matter in 2036.” He doesn’t understand money’s role.