Mises Wire

In 1948, Ludwig Erhardt rescued a German economy that was in shambles simply by invoking free markets and currency reform. Our economy needs its Rothbard moment.

We hear ad nauseum from political and media elites that the war in Ukraine is about preserving "our freedoms." Murray Rothbard had something to say about this sophistry.

The problem isn't that the Fed is now allowing rates to rise. The problem is that the Fed forced those rates down much too far for much too long.