Mises Wire

The length, scale, and scope of such downturns are greatly expanded under a system of fiat credit expansion.

The old American way of doing things came to an end with the 9/11 attacks. At that point, the national-security branch of the federal government adopted many of the same powers as the Chinese communist regime, and without any amendment to the Constitution.

The eurozone economy is slowing down. The solution isn't more fiscal and monetary stimuli. 

The US dollar continues to enjoy the confidence of markets, governments, and central banks. But faith in the US dollar is weakening, and many are trying to help the process along.

One group uses natural resources to increase human wealth through peaceful means. And then others use the power of the state to steal some of that wealth for themselves.

Democratic socialists are committed to destroying the voluntary and naturally-occurring relationships that develop in the marketplace among consenting human beings. They do it through relentless wealth redistribution programs.

"Libertarianism" is very much a part of what is now known as "classical" liberalism — the influential free-market ideology of the nineteenth century whose effects and legacy are still felt today.

Rising property values are nice for those who own property, but they raise the barriers to home ownership and business startups for everybody else.

Central bankers like Alan Greenspan seem to think central bankers can be trusted to act with restraint. That's a risky plan, especially given that true and reliable constraints could be put on the money supply by adopting commodity money.

If Austrian economics seems daunting, just read Hazlitt.