Mises Wire

Government programs like Medicare are called insurance, yet they are anything but. There is a difference between public and private plans.

After praising Mises for his work on socialism, Tyler Cowen goes on to claim Human Action is "cranky and dogmatic." "Brilliant and insightful" would have been more truthful.

At a time when inflation once again ravages the dollar, we recall Murray Rothbard's wisdom in his article "The Case for a Genuine Gold Dollar."

Modern warfare is a product of the state, which engages in violence at home and abroad. Peace is possible, but only when the state loses power.

The Ponzi game known as selling US government debt is nearing its end. The seller is running out of suckers.

While Elon Musk says he will bring free speech back to Twitter, the forces of statism will not be still. The jury is out on how successful Musk's experiment will be.

As the economy moves into recession, government and Fed officials will increase intervention. If they want an economic recovery, the best course is to permit free markets to work.

As inflation advances and the economy slowly implodes, we also learn valuable lessons.

While much attention has been directed toward Ben Bernanke's Nobel, the banking theories of Nobel winners Douglas Diamond and Philip Dybvig also need a second look.

As the inevitable economic downturn becomes more evident, the Fed will attempt to stop deflation. But what this economy needs is a good dose of it.