Mises Wire

While F.A. Hayek was a promoter of liberty, his work nonetheless often failed to acknowledge just how predatory the state really is. Murray Rothbard understood that the real enemy is the predatory state.

After years of thinking that money can be printed without limits and without creating inflation, monetary authorities are trying to return to logic and have more gold on their balance sheets. 

Following the release of today’s jobs report, it seems serious cracks are now appearing in the media's narrative on our "strong" economy. 

While many are celebrating the Chevron decision that limits the power of federal bureaucracies to interpret federal law, it also may provide an opportunity to change federal policies regarding land ownership in the West.

While much of what Jordan Peterson does is admirable, he fails to understand the libertarian right. This leads to a lot of analytical errors and a failure to understand Austrian economics.

The historical facts tell us that socialism's greatest political victory—the creation of the Soviet Union—was neither inevitable nor a response to the demands of the majority. 

Shortly before going down to an ignominious defeat to the Labor Party, the British Conservative Party proposed "national service," or what is known as conscription. It didn't sway British voters, but it was an ominous political development.

 Like it or not, every day is State Appreciation Day. Perhaps the regime establishment should set aside a day on which we celebrate how the state dominates our lives, confiscates our wealth, and threatens to imprison us if our appreciation isn't genuine.

Most Fed watchers think the Fed will cut rates in September. That's a good guess because the Fed is acting like rate cuts are coming soon. 

Can the "right person" take office and then "fix" our economic, social, and political problems? In a word, no. People have come to believe that all we need is a technocrat who has all the answers. The reality is that technocrats don't know more than the rest of us.