Mises Wire

John Maynard Keynes derided gold-based money as a "barbarous relic," yet it was gold that enabled a long regime of honest money -- and the advance of civilization.

Beijing must be very happy. Thanks to the "price cap," the Asian giant will secure a long-term supply at al attractive price from Russia and sell refined products globally at higher margins.

For nearly two decades, business, academic, and political elites have spread the fiction that central banks can engineer prosperity by printing more money. Markets now are discrediting that fairy tale.

Energy production in the USA and elsewhere is in trouble because of government control. We need more energy and less regulation.

Investors should not care whether the Fed pivots or not if they analyze investment opportunities based on fundamentals and not on monetary laughing gas.

Even if we accept the dubious claim that the supposed strength of the USSR justified nuclear brinkmanship, its absurd to make that same claim about modern Russia. 

One hardly can imagine a better tool of social control than a digital currency. Not surprisingly, U.S. monetary authorities are moving in that direction.

The more we understand critical race theory, the more we understand that it is not compatible with a free society.

There appears to be a six-million-man gap between the number of men in the prime age group—age 25–54—and the number of those men actually in the workforce.

Should there be vaccine mandates to deal with covid? Progressive authorities say one thing, but the data say another.