Mises Wire

The Federal Open Market Committee (FOMC) decided yet again today to hold off on raising the target federal funds rate.

Bastiat's broken-window fallacy lives on in Italy where advocates for a new wave of government spending will bring an economic renaissance.

The value of objects can change without any physical change to the object at all. I need only tell you that some junk you see is really art.

Contrary to the common myth, labor unions mean fewer jobs and more competition among workers.

A Wall Street crisis would become a Main Street crisis without quantitative easing, or so the story began in Nov. 2008. Have you seen a recovery?

The NCAA is a powerful taxpayer-subsidized cartel that largely exists to deny the athletes the compensation they would earn in a working marketplace.

Populism, anti-globalism, anti-elitism — these are all symptoms of a hostility toward politics. We should embrace the opportunity they present.

Contrary to dire warning of economic disaster, the British economy has weathered Brexit quite well. Now central bankers are taking the credit.

The cure for the curse of the Federal Reserve and its grand experiment is to install a sound monetary order. The next US president must clean house.

When it comes to trade, the best US policy, or that of any country, is the elimination of all barriers to imports.