Mises Wire

In order to demand goods and services individuals must produce something useful first. Hence, supply drives demand and not the other way around. 

The original "leftists" wanted to abolish government regulation and controls. The rightists were the old control-freak authoritarians. But then the Jacobins hijacked the Left. 

The true cost of America's wars—in lost productivity, resources, and opportunity cost—is far higher than even the official numbers of trillions spent on the Pentagon's many failures.

The new "gold-exchange standard" of the 1920s was a new concoction of the world's regimes after the Great War.  It certainly wasn't a true gold standard. 

Twenty-twenty-one is zipping by. Help the Institute fight the latest wave of statism by making a donation before the year ends!

Economic depressions are not caused by a strong decline in the money stock, but by a depleted stock of real savings.

Crack-up booms have historically facilitated the growth of authoritarian political movements. This is not inevitable. But we do need radical change to today's fiscal and monetary disasters.

For Jesus and his followers, private enterprise was there from birth, through life, and to death, providing a refuge of safety and productivity, just as it has in our time.

Workers should have the freedom to take their time off when they need it most. Official government holidays don't actually mean more time off. They just mean less flexibility.

Genuine change will likely come only through muddling through at the state and local level. That kind of work will be instrumental in the creation of decentralized alternatives to our present political order.