Mises Wire

The Pseudo-Psychology Behind Monetary Policy

Money and BanksMoney and Banking

Blog02/09/2019

Regardless of expectations, tampering with the economy by means of monetary policies will always undermine the foundations of the real economy.

Read More

1877: When America Was In No Hurry to Pay the Military

Blog02/07/2019

The US military received no pay at all between June and November of 1877. This wasn't the only time funding was cut off, and it reflected a (now forgotten) historical distrust of the military in Congress and in America overall.

Read More

The Difference between Money Supply & Liquidity

Blog02/02/2019

While many people talk about money and liquidity interchangeably, the reality is these are both very different concepts

Read More

Thomas Paine on Paper Money and Morality

Taxes and SpendingU.S. History

Blog01/29/2019

The Hamiltonians foisted a central bank on the people of the United States at the first opportunity. But Thomas Paine wasn't fooled.

Read More

Freedom of Choice is What Sets Capitalism Apart — Not Competition

Blog01/28/2019

All economic and political systems involve competition over scarce resources. So it's wrong to say competition is the distinguishing characteristic of capitalism.

Read More

Government Spending Doesn't Create Economic Growth

Blog01/25/2019

Government spending doesn't create wealth. It destroys wealth.

Read More

13. Dave Smith on Comedy, the Fed, Fatherhood, and Faith

BiographiesMedia and Culture

01/24/2019Audio/Video
Bob Murphy and Dave Smith discuss the theory and practice of comedy, Dave’s discovery of Austrian economics, Mises.org, and more.
Read More

Gilets Jaunes: French Protesters Demand Lower Taxes and More Spending

Blog01/19/2019

The Gilets Jaunes are a crisis for the French state, and it remains to be seen if the French leviathan will use it to expand their powers.

Read More
Shield icon power-market-v2