Mises Wire

We should use this to remember and reflect on the tragic harm done to humanity through the destructive influence of Karl Marx.

In this interview, Joseph Salerno discusses how he and Murray Rothbard developed a better measure of the money supply. 

Without Lenin's political successes, Marx's writings would have been forgotten long ago.

As a trade war heats up between the US and the EU, both regimes rush to victimize their own populations.

Capitalism doesn't have to be implemented in a "pure" form for its benefits to be realized. Meanwhile, socialists must make excuses for repeated failures.

Unlike government police, private firms often suffer falling stock prices and falling revenues when running afoul of public expectations. 

Taleb contends that you shouldn’t put someone else’s skin in the game without putting your own in it as well.

Mises advocated free banking because he thought it would restrain fractional reserve banking, which he viewed as the cause of unsustainable booms.

The first thing to remember is that monetary chaos is not primarily “international” at all. It exists basically within each nation.

So, today, we stand near — how near we don’t yet know — the edge of a dangerous financial precipice.