Mises Wire

What Mises Really Thought about Fascism

PoliticsThe Police StateWorld HistoryPolitical Theory


When Mises wrote that the fascists had "saved European civilization," he could have been describing Francisco Franco of Spain, who kept Spain from becoming a communist dictatorship.

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Why Governments Hate Honest Money


They regime wants to make you poorer so you are easier to control. Honest money is the best weapon against this.

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What Is the Right Inflation Target for Central Banks?

The FedInflationMonetary PolicyU.S. Economy


The "2 percent" inflation target is purely arbitrary, and mainstream economists can't agree on the "right" level. It's all folly, and Austrian economics explains why. 

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What Will It Take for Cryptocurrencies to Become Full-Fledged Money?

Money and Banks


The potential for denationalized money is real and important. But progress still must be made before cryptocurrencies can become true substitutes for fiat currencies. 

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What Marxists Say about "Market Socialism"

Economic FreedomEconomic PolicyHayekSocialismCalculation and KnowledgePhilosophy and Methodology


Following the collapse of the USSR, many socialists pinned their hopes upon the development of a "market socialism" that would be economically efficient and create equality. Marxist philosopher G.A. Cohen wisely dissented.

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Why Employers and Families—Not Bureaucrats—Should Be In Charge of Immigration Policy

Bureaucracy and RegulationLabor and WagesPoverty


An immigration system based on sponsorship, bonding, and a reduction in the use of public resources would allow the private sector to play a bigger role in which immigrants come here, and which ones stay.

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What Has Mises U Students Most Excited about the Week?


Mises U students share what they most look forward to during the "best week of the year."

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Why Government Pollution Control Fails

Economic PolicyThe Environment


Mainstream economists are quick to claim that environmental problems are caused by "market failure" that can be "fixed" by government intervention. However, the intervention itself is the problem.

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