Mises Wire

Waco 30 Years Later: It Is Not an Atrocity if the Feds Do It

Media and CulturePoliticsStrategyThe Police StateU.S. History


Today is the 30th anniversary of the Waco Massacre in which the media and the government self-congratulated each other in absolving the FBI of any crimes. Nothing has changed since then.

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Want to Be a Whistleblower? You Better Support the Current Thing

Big GovernmentThe Police StateWar and Foreign Policy


There is a concerted effort in the legacy press to paint a picture of Jack Teixeira as an antigovernment Trump-loving right-winger who is undeserving of whistleblower protections.

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What If the Dollar Falls?

The FedMoney and BanksMoney and Banking


If the dollar does lose its position as the global reserve currency, it will be catastrophic for the American economy.

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Why Do Most Countries Have Their Own Currency? Governments Wanted It That Way.


Even when currency is backed by gold, governments have many political reasons to pursue national, territorial currencies. Now there are hundreds of national currencies. It didn't have to be this way. 

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Why Do Banks Still Fail?

The FedMoney and BanksU.S. Economy


Despite all of the supposed safeguards to prevent bank failures, banks still fail. Perhaps the so-called safeguards are causing much of the trouble.

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Were Recent Bank Failures the Result of Lax Regulation? In a Word, No

Bureaucracy and RegulationThe FedMoney and BanksU.S. Economy


While progressive lawmakers blame the current banking crisis on regulatory issues, the Fed's easy money policies have been the real problem.

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Why the Dollar Still Beats the Euro and the Yuan


Understanding what turns an ordinary currency into a global reserve currency can help us understand how the dollar could go into decline and give way to competing currencies.

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Who Are the Wealth Destroyers, Politicians or Billionaires?

Bureaucracy and RegulationThe EntrepreneurProgressivismSocialismU.S. EconomyEntrepreneurship


Politicians like Elizabeth Warren and Alexandria Ocasio-Cortez are demanding that successful entrepreneurs be taxed into oblivion. The real parasites are the politicians who destroy wealth instead of creating it.

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