Mises Wire

Roots of Our Current Inflation: A Deeply Flawed Monetary System

Central BanksThe FedInflationBusiness CyclesMoney and BankingMoney Supply

Blog05/02/2022

It is the fiat monetary system itself, not deflation, that helps create the unstable conditions that lead to financial crises.

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Delusion Reigns at the Eccles Building

The FedInflationUnemployment

While the Fed governors claim "all is well" and that inflation is "transitory," the bad news continues to pile up. Inflation will be with us for a long time.

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A Tribute to Prof. George Ayittey, One of Africa’s Greatest Economists

Free MarketsSocialism

Blog04/30/2022

The passing of Professor George Ayittey stills a powerful voice for free markets in Africa.

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Meds: The Seen—and Unseen—of Intellectual Property Laws

Corporate WelfareCronyism and CorporatismLegal SystemMonopoly and Competition

Blog04/29/2022

Much of what we might call monopoly capitalism (or crony capitalism) can be tied to intellectual property laws.

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What Determines Interest Rates? Comparing Mainstream Economics to the Austrian School

Central BanksMoney and BanksCapital and Interest TheoryPraxeology

Blog04/29/2022

The typical mainstream economic view of interest rates ignores an important factor: individual time preferences.

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Why the Yen Fell While the Dollar Rallied

Blog04/28/2022

Will Japan ever change course on its negative interest rates? Only if voters begin to realize that the lack of inflation to date in Japan is simply good luck.

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You Support Ukraine's Independence? Then You Support Secession.

War and Foreign Policy

Blog04/28/2022

In 1991, Ukrainians held an election and voted for secession. Today we’re supposed to cheer that. But to suggest something similar for a region of the United States? Well, we’re told that’s just plain wrong.

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Where the Truth Is Hidden: Debating the Current State of the US Armed Forces

Big GovernmentWar and Foreign Policy

Blog04/28/2022

With members of Congress claiming that the Russian invasion of Ukraine somehow threatens the US homeland, it is time to tell the truth about the military threats to this nation.

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