Mises Wire

With an election coming, the Fed has lost its enthusiasm for raising interest rates, much to the benefit of the incumbent party.

There are really two types of asset-price-inflation periods. One is the "boom" type, but the other is the current "depression" type.

Regulation makes many firms larger and more bureaucratic than they would otherwise be.

The Homestead Acts are often held up as proof of how wise and prudent the federal government can be. The actual history of the Acts is less impressive.

Joseph Salerno spoke on "Why Falling Prices Are Good for Business" at Ramapo College in New Jersey on October 4.

From the state to private corporations, many groups benefit from marijuana prohibition. And, they will fight to keep marijuana illegal.

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.