Mises Wire

The Americans who went off to fight in World War I—and the politicians who sent them there—were no less imperialistic than the Germans were. 

Month-to-month money-supply growth turned positive in March, and money growth hit a two-year high. The Fed clearly has no appetite for more monetary "tightening." 

The rage among academic elites and multiculturalists is the insistence that one cannot apply Western economic analysis to different cultures. However, Ludwig von Mises insisted that economics is a universal science.

As the US economy falters and people continue to fall behind, the Austrian business cycle theory provides the best explanation for what is happening, even if the elites don't want to hear it.

Progressives are claiming that corporate profits are one of the causes of inflation. However, if inflation increases consumer prices, it also causes production costs to rise. That is not a recipe for profitability.

In many schools around the country, students deal with both physical and emotional aggression each day such that school becomes more about surviving than thriving.

The naïve view of American frontier expansion generally leaves out most of the details about how the US's central government—from the early nineteenth century onward—took a very keen interest in how the American frontier was settled, and by whom.

Politicians, bolstered by economic quackery such as modern monetary theory, believe they face no fiscal constraints as they impose their visions upon us. But costs are real things and economic, reality sooner or later sets in.

Anarchy is not chaos, and the state does not provide order.

Even though people are leaving California and New York in droves due in large part to their ruinous taxes, the state authorities are tracking these emigrants down and demanding they continue to pay state taxes. Right out of Orwell.