Mises Wire

Contra Ben Bernanke, the Gold Standard Promotes Economic Stability

Booms and BustsThe FedInflation

Blog10 hours ago

Ben Bernanke once claimed that a monetary gold standard caused economic instability. He failed to mention that his fiat money standard causes the boom-and-bust cycles.

Read More

California Scheming: The Progressive Leadership's New Plan to Impose High-Cost, Low-Quality Medical Care

Economic PolicySocialismTaxes and Spending

Blog06/14/2022

California's progressive political classes now have a scheme to impose a single-payer system for medical care. If imposed, it will be costly but also ineffective.

Read More

Capitalism Is Not Racist; Capitalism Undermines Racism

CapitalismU.S. History

Blog05/31/2022

Leftist regularly accuse capitalism of depending upon racism for its existence, but history tells a much different story.

Read More

Covid and Its Statist Legacy: How Did We Get to This Point?

Anti-PoliticsBig GovernmentHealthInflation

Blog05/30/2022

The legacy of covid-19 ultimately will be the vast expansion of government on many levels. Not surprisingly, the statism is worse than the virus itself.

Read More

Carl Menger and the Austrian School of Economics

World History

Blog05/28/2022

What is known as the Austrian School of Economics started in 1871 when Carl Menger published a slender volume under the title Grundsätze der Volkswirtschaftslehre.

Read More

Covid-19: Assessing the Madness in Year 3

Big GovernmentStrategy

Blog05/25/2022

By making covid a political virus, progressive politicians, cheered on by their media, applied political "solutions" that failed to protect the most vulnerable people.

Read More

Christianity and the Development of Human Capital: Challenging the Narratives

The EntrepreneurPoverty

Blog05/20/2022

While the standard secular narrative is that Christianity held back science and human development, history tells a different story, one of literacy and the development of human capital.

Read More

Contrary to What Some Economists Claim, the Fed Can't Give the Economy a "Neutral" Rate of Interest

Central BanksThe FedMonetary PolicyCapital and Interest TheoryMonetary Theory

Blog05/07/2022

Fed chairman Jerome Powell recently claimed they were "targeting" the "neutral" interest rate. The Fed cannot set or even know that rate, for it doesn't come from government authorities.

Read More