Mises Wire

As 2016's campaign unpleasantness has accelerated, many Americans were going through another often-unpleasant experience: back-to-school shopping.

The dollar's last tie to gold was severed 45 years ago. Gold had always been an inconvenience for governments looking for more debt and spending.

Starting today, the Royal Bank of Scotland will become the first bank in the U.K. to impose a negative interest rate on depositors.

Calling an arbitrary government-imposed penalty on carbon a "market cost" is a disingenuous as not calling such a plan a "tax."

The problem with the Excel spreadsheet approach is not the intentions of policymakers, but that such tools cannot possibly replace the market process.

In free-market circles, most government intervention is dismissed as "socialist," with the result that the term has lost its true meaning.

With central banks falling into step in a seemingly inexorable race toward negative interest rates, this could point to bigger problems on the horizon.

Central bankers have become enablers to debt-addicted governments.

If you are looking for a short introduction to socialism that rewards rereading, Thomas DiLorenzo's The Problem With Socialism is it.

Government schemes are powerless in gauging where comparative advantage lies, whether we are talking about trade or sports.