Mises Wire

Although Federal Reserve policies are claimed to try to target the neutral rate of interest, it is not possible for that to be accomplished through monetary central planning.

For more than a century, economists have tried to reduce economics to a series of mathematical equations and statistical analysis. They have failed miserably, but that doesn’t stop them from continuing down the same mistaken path.

While elites tell us we need to fear artificial intelligence, they continue to approve of the Federal Reserve’s attempts to expand artificial credit, which is the real threat to our economic well-being.

"Let us therefore try to investigate what would happen if political servitude were to be abolished, if 'freedom of government' were to be established as a logical and necessary complement to freedom of industry."

If good sense prevails, the American regime will “forget” that Trump called for unconditional surrender, and instead pursue a more sane, negotiated resolution.

The revival of Austrian economics had roots in the Circle Bastiat group that met in New York City in the 1950s, among them Murray Rothbard and Ralph Raico.

Rothbard's view of the international system is built upon his consistent view of the state as a coercive institution run by a self-interested ruling class. 

Although Marxism has thoroughly permeated higher education, few employed there will admit to being Marxists. Instead, they employ Marxist terms to promote their social visions of deconstructionism.

Thanks to taxpayer funding, scientific research has become utterly and hopelessly politicized. It’s time to pull the plug on this funding for good.

The current US conflict with Iran has its roots in the CIA-backed coup in 1953, which removed a democratically-elected prime minister and replaced him with the Shah. The Shah’s government ultimately collapsed, leading to the current Islamic republic.