Mises Institute

What will the future of New York look like under Mamdani’s mayorship? If only we had a time machine, however, given the policies, it is possible to imagine some outcomes.

If Hobbes is right about human nature, then he is wrong about the state as a solution. Ironically, his key arguments for the state are actually key reasons against it.

In my most recent Mises Wire column, I described how it is problematic that federal employees—and others who rely on federal tax dollars for their paychecks—are

In the absence of the “official” BLS data, we turn to private jobs reports like the ADP report. This week, Revelio Labs released its monthly report on job

The dystopian futuristic movie “Elysium” portrays a terrible future in which on the rich have medical care while the poor suffer on an overpopulated, polluted planet. The film’s theme—that only huge wealth transfers can bring medical care to low-income people—is fundamentally flawed.

Back in the .com bubble days, Alan Greenspan worried about “irrational exuberance,” but chose to let markets adjust on their own, without hiking interest rates

The Federal Reserve Bank of New York this week released its Quarterly Report on Household Debt and Credit for the third quarter of this year.

If the voting taxpayers (those who actually pay the bills) are outnumbered or outcompeted by the tax receivers, then national bankruptcy is the most likely outcome.

Much of mainstream economics holds to the Efficient Market Hypothesis (EMH), which is built on highly unrealistic foundations. The Austrian causal-realist approach has more explanatory power.

The justices that Trump appointed to the Supreme Court have shown a recent intolerance for the kinds of semantic leaps his administration is relying on to justify its tariffs. Will they remain consistent or fall in line behind the president?