Mises Wire

Taxes usually aren't terribly popular with the people who pay the taxes. Fortunately — from the government's perspective — the central bank is there to help tax the people more without their noticing.

A new working paper by Academic Vice President Joe Salerno, "The Development of the Neutral Money Concept: The Austrian School Further Dehomogenized" is now available.

In celebration of what would have been his 90th birthday, the Rothbard Reader is a new collection of the best of Murray Rothbard.

March 2 would have been Murray Rothbard's ninetieth birthday. His immense knowledge, creativity, and devotion to liberty are unequaled.

The intended message of the JetBlue commercial is that if we just work together and make some sacrifices, we can all win. However, it actually showcased the inherent flaws in democratic processes.

It is high time to turn to Rothbard in the search for advice. His recipe for dealing with depressions and how to avoid turning a recession into a depression is of timeless relevance.

Municipal waterworks are government-run and government-owned, and generally an extension of local governments. But, bizarrely, when something goes wrong, it's somehow the fault of the private marketplace.

A few days ago, it was reported that the the Federation of Quebec Maple Syrup Producers is beginning to self-destruct.

American history is a story of non-stop efforts by governments to intervene in the marketplace through regulations, monopolies, and subsidies. Most surprisingly, these market interventions appear to place a central role in causing economic crises over the years.

When used properly, and when restrained by the prevalence of a relatively laissez-faire ideology, democracy can indeed work as a brake on government power.