Mises Wire

It does not bode well for our society when proposals to simply expropriate property are becoming more and more prevalent and discussed with more seriousness.

All price changes have real effects on demand for goods, and therefore alter goods' prices relative to one another. For this reason changes in the money supply can't fail to affect resource allocation.

As Ronald Hamowy put it, Cato's Letters is “unmatched for its breadth and vigor in the literature of the period.”

At best, lockdowns have deferred death for a short time, but the lockdowns cannot possibly be continued for the long term.

It is often claimed that inflation reduces the true burden of debt. This is true for existing debt, but those who advocate it as a remedy for government indebtedness fail to understand that it also increases the cost of the government’s future debt.

Populists need a status quo to oppose, but now Trump stands as the incumbent.

One of the standard criticisms of the free market point of view is that it treats individuals as isolated atoms who view other people only as means to the pursuit of their selfish ends. 

Because each person's control over his own body and will are inalienable, no person can be held to any sort of slavery "contract" even if all parties once agreed on it.

Will you help the Mises Institute build this new school of graduate economics today?

A rising price of gold and silver in US dollars, euros, Chinese renminbi, Japanese yen, etc. means this:  the higher the price of this precious metal, the lower the exchange value of official currencies.