Mises Wire

When Vikings robbed their victims, they often called the booty gjald (debt) as if the stolen goods were repayment for a service provided by the robbers.

Although huge government expenditures are not in themselves inflationary, a large deficit is almost certain to be financed by inflationary means—by directly or indirectly printing more money.

Mises thought that social cooperation through the free market resulted in peace and prosperity, regardless of whether people or societies accepted this or not.

The stock market does not have a life of its own. In a relatively free economy, success or failure of investment in stocks depends ultimately on the same factors that determine success or failure of any business.  

Although many Americans often conflate the two ideologies, conservatism and (classical) liberalism are historically quite distinct. Indeed, conservatism has long been explicitly hostile to both capitalism and classical liberalism.

What bureaucrats call "safety" often just means lower wages and more unemployment. This hardly provides workers with a safer and more secure life overall.

Japan's government is now addicted to easy money Abenomics. With Abe now gone, the next leader might tinker around with altered approaches, but it will be more of the same.

Government policy encourages single parent household formation while discouraging full-time employment and driving up housing costs.

Jimmy Carter doesn't get credit for his deregulation efforts, but his initiatives probably were as significant a boost to the economy as any president has accomplished since 1980.

The Asante (or Ashanti) Empire of West Africa is a reminder that slavery and political conquest are not at all unique to Europeans.