Mises Wire

The Money Supply Has Plummeted in the Biggest Drop Since the Great Depression


With negative growth now falling to near –10 percent, money-supply contraction is now the largest we've seen since the Great Depression. 

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The New Immigration Bill Is a Trojan Horse for E-Verify and Is a Threat to All Americans

Bureaucracy and RegulationLabor and WagesU.S. History


A new bill being sold as an "immigration control" measure is really a vast expansion of the federal regulatory and surveillance state known as "E-Verify."  The potential for abuse is enormous. 

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The Fed Is Overindebted, Isn’t It?

Economic PolicyThe FedMoney and BanksStrategyU.S. Economy


By any conventional measures of finance, the Federal Reserve has negative equity. In the long run, cooking the books only puts off the day of reckoning.

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The Dominion Lawsuit against Fox News Is Part of the War against Free Speech

U.S. History


Taxpayer-funded company Dominion is suing private parties for saying things the company doesn't like. These lawsuits illustrate how defamation laws can be used to destroy free speech.

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The Environmentalist Revolt against Humanity.

The EnvironmentMedia and CultureProgressivism


Some on the progressive left are not satisfied with just trying to "save the planet." They want to eliminate the human race altogether.

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The Ukraine War Isn't about Democracy. It's about States Seeking More Power.


The fight between Russia and NATO is not about "democracy versus authoritarianism." Rather both the US and Russian states are doubling down because they are doing what states do: seeking power.

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Time Preference and Success: Is There Any Link?

Capital and Interest TheoryPraxeology


Austrian economists have long emphasized the importance of time preference in determination of interest rates and the direction of the economy. Here is more evidence of why that is true.

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The Ruling Classes Are Inflation Deniers and the Ship of Fools Sails On

The FedInflationProgressivismU.S. Economy


Even after two years of "transitory" inflation, America's ruling classes insist that prices are falling and that all of this is temporary. We don't believe them.

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