Mises Wire

How the Policy of Price Stability Generates Greater Economic Instability

Booms and BustsThe FedInflation

Blog1 hour ago

The Fed claims 2 percent inflation promotes "price stability." However, that policy also causes the boom-and-bust cycle, which is anything but stable.

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Biggar Thy Neighbor

PaternalismWar and Foreign Policy

Blog4 hours ago

Is there a case for an American empire? Professor Nigel Biggar of Oxford University believes so, but David Gordon sets him straight.

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Bringing the Truth

Blog6 hours ago

The best people in the world support the Mises Institute. Will you join them?

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The Secessionist French Classical Liberals: Molinari and Dunoyer

Decentralization and Secession

Blog9 hours ago

Radical Charles Dunoyer wanted "the municipalization of the world" by which states would be broken up and forced to compete both with the private sector and with countless other states.

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What Drove the Industrial Revolution in Britain? It Wasn't Slavery

World History

Blog9 hours ago

Some claim that slavery was the main reason for the success of the Industrial Revolution in Great Britain, but the answer lies elsewhere.

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Unscrambling Socialism from Our Economic Order: Wisdom from Leonard Read

Free MarketsSocialism

Blog09/29/2022

Leonard Read had much to say about how socialism already was entangled in our economic and social order.

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Central Banks Claim to Preserve the Value of Money through Inflation

Central BanksInflation

Blog09/29/2022

Central banks claim that their main purposes are to help an economy maintain high rates of employment and price stability. Ironically, they claim to do this through inflation targets.

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In Latest Recession Signal, Money-Supply Growth Plummeted to a Three-Year Low in August

Money Supply

Blog09/28/2022

The money supply is on a long and fast downward trajectory. This points toward recession and is just one more indicator of economic weakness in addition to negative GDP and an inverted yield curve. 

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