Mises Wire

Can Civilization Survive without Sound Money?

The FedInflationMonetary PolicyMoney and Banking


Political money is unsound money, and while civilization cannot exist without sound money, it can do without predatory government.

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Central Banks Are Creating the Return of Mugabenomics

Central BanksInflationMonetary PolicyWorld History


Robert Mugabe, once president for life of Zimbabwe, became infamous for hyperinflation and political repression. Today, he is becoming the patron saint of central banking.

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Climate Activism: The Second Children’s Crusade

The EnvironmentProgressivismWorld History


The "first" Children's Crusade of 1212 ended in tragedy for those taking part. The "second" crusade is not going to produce any happy endings, either.

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Central Bank Digital Currencies Would Bring Hyperinflation

U.S. History


The only thing that saves citizens from much higher prices is the fact that the transmission mechanism of monetary policy is independent and diversified. Imagine if that transmission was direct and had only one channel, the central bank itself.

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China's Emerging Global Leadership Isn't Just the Result of Subsidies: Entrepreneurship Still Matters in This Market

Corporate WelfareCronyism and CorporatismThe EntrepreneurFree Markets


It is easy to dismiss Chinese advancements in electric vehicles as the result of government subsidies, but private entrepreneurship also is playing a major role.

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Capitalism Has Improved Life in India, but the Spirit of Collectivism Still Dominates

Economic PolicySocialismWorld HistoryEntrepreneurship


In 1991, India's political leaders moved away from socialism, embracing markets and improving the economy. But Indian elites continue to push socialism to the detriment of the people.

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Covid-19: Will the Political and Health Scandals Erupt into the Public Light?

Bureaucracy and RegulationPoliticsProgressivismThe Police State


Three years after the covid virus hit the world, we are just starting to take a hard look at the damage caused by the covid restrictions. The "experts" not only were wrong; they were scandalously wrong.

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Concentrate Where the Murders Are Concentrated

Media and CultureProgressivism


Progressives like to claim that "America" has a "gun violence problem." However, the "gun violence problem" happens to exist in places where progressives dominate the government.

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