Mises Wire

The "Velocity of Money" Is a product of human choices and human values. It's not something we can just plug into an equation.

How old should a monument be to avoid Establishment Clause challenges? Not that old, given the Supreme Court invented the "wall of separation" argument in only 1947.

The world now has the impossible choice of permanently reduced productivity and slower economic growth — or the mass bankruptcy of a significant percentage of the economy.

While many attempt to look to "de-regulation" or tax cuts to explain economic cycles, it makes more sense to zero-in on the role of central banks. 

The concept of economic cost seems to confuse people. It is not the price you pay for a good, but the reason you pay it.

Beyond the usual arguments about incentives and taxes, a Universal Basic Income is a dangerous policy that supercharges the state and threatens to heighten tensions between different groups in society.

From crumbling public transport to rampant homelessness, progressive politicians are terrible at running the government once they are in power.

What is particularly scary is that the whole argument for the new law was not really about saving lives or reducing gun violence, but is really about Brussels ordering Switzerland to modify gun laws to comply with EU gun control standards.

Austrians will be vindicated, but will they be heard?

These books and authors criticize the decision of the United States in 1917 to enter WWI, the bad results of the treaties that ended the war, and the propaganda designed to induce the public to accept the war against the Central Powers.