Mises Wire

Back in January, ECB President Mario Draghi doubled down on his earlier commitment to do "whatever it takes" to prop up the European economy with easy money. He wasn't joking.

Human beings like to form cooperative groups to achieve various ends. Research has shown, however, that there are limits to the size and nature of these groups, and this is why the state so often turns to violence.

While the declining trend growth in money supply is bad news for bubbles, it is actually great news for wealth generators.

Asking wealthy elites to provide opinions about central banking generally results in reticence on their part. After all, many billionaires became rich or stay rich only because the global economy has been "financialized".

Laissez faire means: Let the common man choose and act; do not force him to yield to a dictator.

Politicians like Bernie Sanders find electoral success demonizing a rigged economy they bear personal responsibility for creating.

Bernie Sanders has been compared to Ron Paul because both men have waged insurgent campaigns. But that is where the comparisons should end, as Sanders really just offers a ramped up version of the status quo.

In a remarkable TV interview, Otmar Issing, the former Chief Economist of the European Central Bank and a former member of its Board, dismisses negative interest rates as a solution to what ails Europe.

Food stamps were near and all-time high in 2015. They remain high thanks to a weak economy and a large expansion of the program during the Bush and Obama years.

Some old economic myths never die, and presidential candidates are once again running on old fallacies about free trade. In truth, uninhibited trade helps to make everyone wealthier, whether it happens domestically among neighbors, or internationally.