Mises Wire

Despite Their Hubris, Monetary Authorities Do Not Have Total Control

The FedInflationMonetary Policy

Blog09/22/2022

While officials in the White House, Treasury, and the Fed give the appearance of being in control, but in truth, they cannot undo the damage they have done.

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Do People Accept Money Because Government Endorses It?

Central BanksInflationMonetary Policy

Blog09/22/2022

Why does money have value? Typical economists claim that money is valuable because the government declares it so. But that is impossible, given the true origins of money, which are best explained by Austrian economists.

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Does Capitalism Itself Create Economic Instability or Is Central Banking the Culprit?

Booms and BustsCapitalismKeynes

Blog09/20/2022

Post-Keynesians believe that capitalism is internally unstable, leading to necessary intervention by the central bank. Austrians see that as backward reasoning, as policies by the central bank to create credit from nothing is the problem

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Declassify Everything!

Bureaucracy and RegulationLibertarianism

Blog09/19/2022

Instead of worrying about which documents Donald Trump may or may not have had in his Florida home, the real issue is the proliferation of state secrets that should not be secrets at all.

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Democracy without Foundations

AntipoliticsCapitalismDemocracy

Blog09/09/2022

David Gordon continues his critical look at Jedediah Purdy's book, Two Cheers for Politics.

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Does Reducing Unemployment through Government Spending Boost the Economy?

Booms and BustsKeynesUnemployment

Blog09/06/2022

The standard Keynesian play is to increase government spending in order to reduce unemployment and increase economic growth. Here's why it consistently fails.

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Defining and Defending Freedom

The Mises Institute has worked for more than four decades to advance one purpose: the cause of economic freedom in academia and public life. The two comments on our work that I hear most often are: (1) you guys are doing a great job, and (2) it is not working.

On the first point, I can...

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