Mises Wire

Why Social Issues Dominate

Decentralization and SecessionMedia and CulturePolitical Theory


Social issues, from abortion to critical race theory to teaching gender identity in elementary schools, dominate our politics and media.

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

Central BanksMoney and BanksCapital and Interest TheoryPraxeology


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


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

Big GovernmentWar and Foreign Policy


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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We Still Haven't Reached the Inflation Finale


Is it too much to hope that the current inflation will "burn out" via similar mechanisms that have reined in inflation in the past?

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Why It's Looking More like the 1970s than the 1950s.

U.S. EconomyWorld History


It is theoretically possible that through huge gains in productivity, the US could escape inflation and stave off a recession. But don’t count on it.

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What Causes Exceptionally Low Inflation in Japan and Switzerland?

World History

Do the low inflation rates mean that the purchasing power of Japanese and Swiss citizens has increased relative to other countries over time? The answer seems to be no.

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Why Saudi Arabia Won't Abandon Dollars for Yuan

Money and Banks


Saudi Arabia could flee to gold or cryptocurrencies to escape the money-printing machine, but it won't replace the US dollar with an inferior fiat currency.

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