Mises Wire

Today is Ralph Raico's eightieth birthday. He is the greatest living historian of classical liberalism and a leading libertarian theorist.

Gas station owners have come up with a creative way to take more of their customers' money via the power of taxation.

Increasing the money supply leads to many negative effects that are not measured as price inflation in measures like the CPI.

Some inflation hawks are beginning to speak up at the Fed. But will they be enough to put the brakes on the current easy-money experiment?

The world monetary order is changing. Slowly but steadily, global trade and currency markets are becoming less dollar-centric.

As the 2016 election draws near, the elephant in the room continues to be central banks and their immense power.

When anti-capitalist leftists expound on the evils of "neoliberalsm," they are usually just attacking freedom and free markets in general.

Far from being neutral, inflation leads to changes in political institutions, and these changes push up unemployment over time.

It is often argued that democracy replaces violent political changes with peaceful ones, but this is not quite as convincing as we are told.

All of this has happened before, and all of this will happen again.