Mises Wire

Before a Bust, There Is Always a Boom (and Malinvestment)

Money and Banks


An economic depression is not caused by a decline in the money supply per se, but results from a shrinking pool of savings made possible by a previous bout of monetary inflation.

Read More

Biden's Vaccine Mandates: It's about Power


Biden's vaccine mandates are yet another dangerous frontier in using a perceived or real crisis to justify an immense expansion in state power and control over the population. 

Read More

British Columbia’s Supreme Court Gets an F in Healthcare Economics


Canadian hospitals operate under fixed budgets dictated by the government. When this tax revenue is depleted before the end of the year, as often happens, new patients are put on a waiting list. This problem isn't getting any better.
Read More

Beer: A Short and Bitter History of Regulation

Bureaucracy and RegulationProtectionism and Free TradeWorld History


Some think that beer's history of regulation begins with hops, but beer has been hemmed in by government red tape for much longer.

Read More

Bretton Woods and the Spoliation of Europe

World HistoryGold Standard

Gold was only included in the plans for the Bretton Woods system because of the veneer of solidity it gave.

Read More

Biden's Rescue Act Targets Americans' Freedoms



Anything that encourages people to view politicians as saviors imperils freedom. Government controls follow a short step behind subsidies.

Read More

Biden's Economic Team Predicts Long-Term Slow Growth

U.S. Economy


Stagnation is real, but it isn’t “secular”—that is, sluggish growth doesn’t have to happen. The coming stagnation isn’t foreordained; it is simply the inevitable outcome of a progressive agenda that disdains free enterprise. 

Read More

Beyond the Fed: "Shadow Banking" and the Global Market for Dollars

Money and Banking


Although it conjures up scary imagery, shadow banking is simply a term for banking operations that occur through financial intermediaries that are not traditional commercial banks.

Read More