Mises Wire

Why a "Dollar" Should Only Be a Name for a Unit of Gold

Business CyclesMonetary Theory

Blog5 hours ago

No one prints dollars on the purely free market because there are, in fact, no dollars; there are only commodities, such as wheat, cars, and gold.

Read more

Did Debt Exist Before Money? It Doesn't Matter

Monetary Theory

We should rewrite our textbook accounts to include the possibility of credit preceding a common medium of exchange and call it inter-temporal barter.

Read more

Are Advertising "Bribes" Unethical?

Media and CulturePolitical TheoryPrivate Property

Blog17 hours ago

If the FTC really cared about the harmful effects of hidden sponsorships and fraudulent goods, it would spend all its time investigating government.

Read more