Mises Wire

Worldwide Protests against Involvement in Ukraine: Will Governments Listen?

AntipoliticsWar and Foreign Policy

Blog3 hours ago

Despite governments' support of continuing the Ukraine war, ordinary American and European citizens want nothing to do with it.

Read More

Why Fractional Reserve Banking Is behind Bank Failures

Central BanksMonetary PolicyMoney and Banks


Suppose an addict had the ability to magically create, ex nihilo, his own stimulating drug, as fractional reserve banks can do with money and credit. Would you expect moderation?

Read More

Why Governments Waste Resources: The Case of Newfoundland’s Joseph R. Smallwood

Corporate WelfareCronyism and CorporatismTaxes and SpendingCalculation and Knowledge


Politicians promise economic miracles, but in the end they waste resources and engage in economic destruction. Newfoundland is a case study.

Read More

What Have We Learned? Lessons from America’s Great Depression?

Book ReviewsBooms and BustsAustrian Economics Overview


“America’s Great Depression” serves as a reminder that a brighter future where these missteps are recognized and no longer pursued, is in fact possible.

Read More

Why Biden's Spending Is Unsustainable

Cronyism and CorporatismDemocracyEconomic PolicyProgressivismTaxes and SpendingU.S. Economy


It's popular for politicians to claim they will never cut Social Security. But doing nothing now about the program means imposing an even larger hit on seniors in the future. 

Read More

What Would Happen If American Elites Told the Truth?

Media and CulturePolitics


Lying by elites that control our nation's institutions has become so commonplace that now we only can dream and fantasize about what might happen if someone in those places told the truth.

Read More

We Are All Counterfeiters Now

The FedInflationKeynesMonetary Policy


Get beyond the PhDs running the Federal Reserve or the way people treat the Fed with deference. In the end, it is nothing but a legal counterfeiting ring.

Read More

When Military Strategy Ignores Economics: The Sad Story of Rear Admiral Alfred Thayer Mahan

War and Foreign PolicyWorld History


Do military leaders really understand economics and, especially, do they understand the devastating effect war has on peaceful economies? Certainly, not enough of them understand economics.

Read More