Mises Wire

Despite its great appeal because of its simplicity, the supply-demand graphic as employed by mainstream economics is a tool that is detached from the facts of reality.

Wealth stems not from spending, but from production. Declines in production are be remedied by frugality, intelligence, activity, and freedom.

In May, year-over-year growth in the money supply fell to a 3-month low, growing 4.2 percent. That was down from April 2018's rate of 4.2 percent, but remains up from November 2017's low of 2.6 percent:

Feds are reaching far beyond their limited Constitutional naturalization powers, and also violating state and federal laws.

Now is the time for the Spanish government to reduce its massive debt. When the next recession hits, it will be too late.

The US can help itself by ending the Drug War — which will bring some normalcy back to Central America.

The UN relies on a "relative poverty" rate that tells us very little about actual poverty — and also just happens to make the US look bad.

The books of Laura Ingalls Wilder show a more civilized and libertarian side of the American frontier.

Many people fail to correctly distinguish between the causes and effects of price inflation and those of monetary inflation.

President Trump is saying that the U.S. government will lift economic sanctions against North Korea if it “denuclearizes.” Cuba denuclearized in 1962.