Mises Daily

Deflation serves as the theoretical justification of every inflationary action taken by the Federal Reserve and central banks around the world.

Making sense of today's monetary chaos

The explosive growth in the number of converts to libertarianism since Ron Paul first ran for president is one of the most exciting developments of

The Fed has painted itself into a corner. There is no way that the nation can avoid either a recession or the collapse of the value of the dollar. We should prefer the recession, then insist on an end to monetary expansion, regardless of the howls from the politicians.

Income inequality has been called “the defining challenge of our time,” and it is generally made worse by government policies.

Ron Paul is in good company with Cobden, Mencken, Sumner, and the American Anti-Imperialist League — all oppose government militarism.

Another outstanding Austrian Economics Research Conference with presentations in the most provocative traditions of Austrian and libertarian thought.
 

The Levellers are often characterized as a quasi-socialist movement, but they had more in common with free markets than with socialists.

Rifkin misses the mark because he ignores Menger’s theory of value and the role of the entrepreneur.

Whether it’s “pure” socialism or the so-called mixed economy, the historical record is clear that government intervention makes us poorer.