Mises Wire

The "Climate Emergency": Fueled by 21st Century Marxism

Big GovernmentThe EnvironmentMedia and CultureWorld History

The eternal “climate emergency” is upon us. While doomsday is said to be around the corner, the reality is that the only thing rising is the level of government control.

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There's No Easy Way Out of This Debt Spiral

Money and BanksTaxes and Spending


The new problem we now face arises from the fact that huge deficits are only manageable so long as interest rates remain very, very low. 

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The Federal Reserve is Running Losses. Does This Cost Anyone Anything?

The FedMonetary PolicyU.S. Economy


The Federal Reserve is losing money, according to its official books. Does that matter, or does the Fed operate outside the bounds of the laws of economics?

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The Interest Rate Shock Will Blow Up the Government’s Ponzi Game

Booms and BustsThe FedFinancial MarketsU.S. Economy


As the federal government continues its Ponzi scheme of issuing debt to pay for past debts, interest rates will increase to the point where this no longer is a tenable strategy—if it ever was.

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The Current US Economic Situation from an Austrian Viewpoint

Booms and BustsBusiness CyclesMoney Supply


Forget the New York Times and other publications that cheerlead for the current regime. Austrian economics spells out the consequences for reckless monetary policies, and those consequences are unavoidable.

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Turkey Is Sustaining Major Inflation. Something Has to Give

Economic PolicyInflationMonetary PolicyWorld History


Inflation in Turkey today is officially running close to 70 percent, but the Turkish economy seems to be booming. Inflationary booms, however, cannot be sustained.

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The Specter of Hyperinflation Looms over the Economy

The FedInflationMonetary PolicyU.S. Economy


While the White House claims that inflation is losing steam, the truth is that unless the government changes its reckless monetary course, hyperinflation could be in our economic future.

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The Cato Institute’s Belated, Squishy Stance on the Latest Middle East Crisis

War and Foreign Policy

From Ukraine to the Middle East, some libertarians have found ways to pick sides and cheer on escalations of bloody conflicts.
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