Mises Wire

Inflation Isn't What the "Experts" Say It Is. The Confusion in Terms Is Deliberate

Central BanksInflation

Blog04/05/2022

The usual "experts" claim inflation is a general increase in the price level. Wrong. Prices rise because of inflation, which is a government-caused increase in the amount of money in circulation.

Read More

If Ukraine Joins the EU, It Will Be the Poorest Member by Far

World History

Blog03/31/2022

Ukraine should have been a middle-income country by now. Instead, it is one of the poorest in Europe. If Ukraine joined the EU, it would be the poorest country and well below even Bulgaria.

Read More

It Didn't Begin with FDR: Currency Devaluation in the Roman Empire

InflationTaxes and Spending

No matter the historical era, governments have excelled at one thing: debasing their own currency. Rome was no exception, as Roman government excesses required inflation—lots of inflation.

Read More

Inflation: Who or What Is the Culprit?

Money and Banks

Blog03/09/2022

A central bank whose policies accommodate irresponsible deficit spending by the federal government is a menace to society, unleashing uncontrollable forces.

Read More

It All Comes Back to NATO

War and Foreign Policy

Blog03/03/2022

When the Bush administration announced in 2008 that Ukraine and Georgia would be eligible for NATO membership, I knew it was a terrible idea. 

Read More

Is NATO a Dead Man Walking?

War and Foreign Policy

Blog02/19/2022

Even as the USA seeks to expand NATO while it escalates tensions with Russia, the organization is facing internal pressures as some member nations do not agree with Washington's saber-rattling agenda.

Read More

In the Age of Covid, We're Reminded an Unjust Law Is No Law at All

U.S. HistoryWorld History

Blog02/16/2022

It is one thing to follow the law for prudential reasons and another thing entirely to assume the law brings with it some sort of moral imperative. Laws rarely do. 

Read More

It Wasn't Capitalism: Mises Explains Nazi Economics

World History

Blog02/04/2022

The Nazi economy reduces entrepreneurs to the status of shop managers. The government tells them what and how to produce, at what prices and from whom to buy. Private property is de facto gone.

Read More