Mises Wire

Friedman versus Rothbard

AntipoliticsU.S. HistoryWar and Foreign Policy


Murray Rothbard and Milton Friedman didn’t only disagree on the subject of economics. They also sharply disagreed on the direction American conservatism needed to go.

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Fed Rate Cuts Will Not Save The Economy

U.S. EconomyU.S. History


Because borrowing from the Fed continues to reach new highs, inflation is unlikely to drop as fast as M2 would indicate, and excess money growth continues to generate problems in the economy with few improvements as it just keeps zombie financial entities alive.

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Fear of Failure is Vital to the Success of a Free Market Economy

Corporate WelfareThe FedFree MarketsStrategy


What lies behind the attempt to bypass fear of failure is the perceived lack of any substantial cost to failure. The illusion lasts only for so long before economic reality prevails.

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From the Invisible Hand to the Invisible Sleight-of-Hand

KeynesMedia and CultureMonetary PolicyU.S. Economy


Advocates of unbacked paper money claim that theirs is the “civilized” choice, as opposed to gold, or what Keynes called “that barbarous relic.” These inflationists, however, are the ones wrecking civilization as we have known it.

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False Virtue: The Life and Death of "American Exceptionalism"

Money and BanksWar and Foreign Policy


American exceptionalism, the “treasury of virtue,” has always been the moral cover for all of this greed, racism, barbarianism, and worse. The good news today is that it is hard to think of anyone with a sound mind who would sincerely believe this any longer.

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Federal Flood Insurance Drains Taxpayers

Bureaucracy and RegulationCronyism and CorporatismEconomic PolicyTaxes and Spending


Federal flood insurance was created ostensibly to provide insurance to people who live in flood-prone areas. Not surprisingly, it subsidizes bad home-building decisions and wastes billions of dollars.

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Foreword: Legal Foundations of a Free Society



The question as to what is justice and what constitutes a just society is as old as philosophy itself. Indeed, it arises in everyday life even long before any systematic philosophizing is to begin.

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Fighting the Surveillance State Begins with the Individual

Big GovernmentPoliticsThe Police State


Fed up with the state's surveilance regime? There are ways to use available technology to frustrate government efforts to spy on you.

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