Mises Wire

If the dollar does lose its position as the global reserve currency, it will be catastrophic for the American economy.

Although equality and "equity" are modern buzzwords, the only way to reach such a social nirvana is through violent means. Do we really want to go there?

To normal people the idea of peace breaking out in the Middle East is a wonderful thing. But Washington is anything but normal.

Despite all of the supposed safeguards to prevent bank failures, banks still fail. Perhaps the so-called safeguards are causing much of the trouble.

Even when currency is backed by gold, governments have many political reasons to pursue national, territorial currencies. Now there are hundreds of national currencies. It didn't have to be this way. 

What does a young man just out of high school face in our woke, politicized society?

The government wants to make gas cars a lot more expensive. But electric vehicles are so expensive in the longer term that gas cars still look like a better deal.

Adherents of leftist dogma increasingly push the notion that teachers should be permitted to distract, confuse, or influence their students by discussing their personal beliefs, ideas, and private activities and choices in the classroom.

We are hearing calls both from right and left for an amicable national divorce. In truth, the states were never "hitched" in the first place, at least not by any plausible definition of marriage.

The newest farm bill in Congress picks the pockets of both consumers and taxpayers. It has been that way for a century, and there is no prospect of change, at least for now.