Trump administration considers bailout for Argentina’s Milei

09/23/2025 Notes in the Margin

A weak showing for Milei’s party in provincial elections last week jolted investors and forced the country to start selling “every last dollar” to defend the peso.

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Our Economy Has Never Needed an “Elastic” Currency

09/23/2025 Mises Wire Jonathan Newman

Mainstream economists have justified the creation of the Federal Reserve because they claim that a growing economy—especially the banking system—needs an “elastic” currency. In other words, the economy “needs” at least some inflation. Austrian economists know better.

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The covid lockdowns caused many Americans to stop trusting the government’s propaganda and led to a 39 percent increase in homeschooling in the 2020-21 school year. While the number of homeschoolers...

Sound Money in Medieval Italy

09/23/2025 Mises Wire Joseph Solis-Mullen

The quest for sound money is hardly a recent phenomenon. In 13th century Italy, two different gold monetary units competed with each other in the Medieval Italian economy.

Thanks to Our Fall Campaign Donors

09/23/2025 Mises Wire Mises Institute

Thanks to all of our generous donors who participated in our 2025 Fall Campaign. Your continued support is vital and much appreciated.

The Law of Necessity

09/23/2025 Power & Market Jekaterina Liachovic

No matter how “inelastic” the demand, excessively high prices cannot persist indefinitely without human action.

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