Mises Wire

There are echoes of the 1973 oil shock in the current virus scare and resulting economic seize-up. Central banks are likely to respond similarly: with "stimulus" and inflation.

By being so dovish for so long, the Fed has greatly limited what it can do in case of recession without resorting to untried and radical solutions like negative rates.

Government spending overall—not just deficits—is the real problem. Government spending diverts wealth away from truly productive people and toward the government and its favored groups.

Trump is spinning a narrative in which ever larger government budgets—and ever larger piles of deficit spending—create jobs and make America "safe."

Unlike in the federal government, some small bits of progress have been made against the regulatory regime at the state level

To effectively counter this brand of American socialism, it is important to properly identify the problem, and to attack with precision.

Ludwig von Mises discusses inflation, labor unions, and issues of the adoption of improper terminology and widespread public misinformation at the Mont Pèlerin Society meeting at Princeton, New Jersey, on September 11, 1958.

During January 2020, year-over-year (YOY) growth in the money supply was at 6.32 percent. That's up from December's rate of 5.53 percent, and up from January 2019's rate of 3.38 percent.

Can a scientific law allow us to predict the course of history? Marxists lean in this direction, but Karl Popper says it's impossible. Is he right?

Many rich people publicly support measures to "raise taxes on the rich." This is because the cost of voting to give away $1 million is far lower than the cost of actually giving it away.