Mises Wire

Country Squire in the White House, by John T. Flynn, full text in PDF

The US Mint is protecting you from the

“Neither a borrower or a lender be.” This economic counsel comes from the Bard — known primarily as a dramatist — but also as a pretty

I’ve been waiting for an Austrian who actually understands the accounting legalities to explain all this but no one has, so consider this an

The market is often described as a learning process, one that could never be replicated by a central planner.

I’ve learned from reliable sources connected with various free market think tanks around the world that various important companies, in parti

Saving is the use of revenue or income by a business or individual for purposes other than expenditure on consumers' goods (or consumers' services). It is revenue or income that is not consumed.

Says Scientific American: Von Hayek w