Mises Wire

It is impossible to isolate the "natural rate" and policies aimed at an unknown interest-rate target end up increasing instability.

Do central banks have a plan? Do they know what they are doing? The BBC wonders, and Jeff Deist provides some of the answers.

Putting the finishing touches on the world's largest building in China

In the wake of Brexit and other referendum votes that go against the leftist political orthodoxy, elites have decided democracy is a problem.

Iceland is not the only country coming up with "creative" ways to seize your wealth and income. The US is going down this path as well.

Our September-October issue of The Austrian covers this year's grim election circus.

As in much of the globe, central bankers in Britain are quickly replacing elected politicians as the most visible and powerful public officials.

The TTIP is the latest agreement in which the voters and taxpayers are prohibited from seeing the laws they will soon be forced to follow.

Not understanding how politics works will prove to be much more harmful than ignorance about how markets work.

People have a natural preference for having good things now instead of having them later. This is a problem for advocates of negative interest rates.