Mises Wire

Understanding How Balance of Payments and Exchange Rates Work

Central BanksGlobal EconomyMonetary Theory

Blog03/17/2022

Popular commentators and politicians often express loud opinions about exchange rates and balance of payments. As Dr. Frank Shostak writes, the facts differ widely from popular perception.

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Urban Supremacy and the Dismantling of Rural Communities

Anti-PoliticsDecentralization and Secession

Blog03/07/2022

The covid-19 lockdowns not only destroyed businesses, but also destroyed the sense of community in small towns and rural areas.

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Ukraine's Regime Is Now Kidnapping Fathers for Military "Service"

War and Foreign Policy

Blog02/28/2022

The Ukrainian regime thinks it knows better than husbands and fathers when it comes to caring for their families. But no bureaucrat ought to be allowed to make such a decision. 

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US Foreign Policy Has Always Been Aggressive

War and Foreign Policy

Blog02/24/2022

The United States is not now—and has never been—in any position to lecture other countries about the moral evils of aggressive foreign policy.

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Understanding the Rothbardian Critique of Free Banking

Money and Banks

Does free banking encourage fraud by tolerating fractional reserves? Here's a summary of the debate.

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Unmask America

Big GovernmentHealthPolitical Theory

Blog01/20/2022

It is time to get back to normal life, and that starts with visible human faces.

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Understanding Why Government Policies Fail

Blog12/01/2021

Gary Galles has in this outstanding book shown how to apply basic economic principles: he can convey free market principles in a simple and memorable way; and he also has a detailed knowledge of the policies he analyzes.

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Understanding Money Velocity and Prices

Money and Banks

Blog10/22/2021

The velocity of money does not have a life of its own. It is not an independent variable and it cannot cause anything, let alone offset the effect of increases in money supply on the prices of goods.

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