Mises Wire

In presenting her economic plan, Liz Truss failed spectacularly on one thing: cutting spending. Otherwise, a "tax cut" is not a tax cut at all.

While an increase in the supply of gold money would lead to higher consumer prices, such increases in the gold supply do not lead to boom-bust cycles.

Lutheran theologian Reinhold Niebuhr attracted numerous followers in postwar America in part because of his attacks on the free market. Perhaps he should have read Mises.

All too often, people equate their nationality with a particular state. Yet, as Mises noted, nationality does not depend at all upon a formal entity tied to a government.

As the British economy falters, the government returns to its Keynesian roots. They will find once again that the legacy of J.M. Keynes is inflation and economic ruin.

Price inflation is slightly slowing, but it is slowing as a result of a struggling economy. The White House may soon find it is celebrating much too soon. 

It will be nearly impossible to make any real changes in Washington for the next two years. The real battles are now in the states. 

The 2004 Nobel Prize in economics was awarded to two economists for their claim that "technology shocks" cause boom-bust cycles. They have it wrong.

While both the Left and Right celebrate the government's new drive to subsidize American microchip manufacturing, we should remember that political "investments" always result in crony capitalist disasters.

If the so-called experts really want to reduce CO2 emissions, they should look at improving farming methods and forestry, not ridding us of fossil fuels.