Mises Wire

The Fed’s Quantitative Easing Gamble Costs Taxpayers Billions

Monetary PolicyMoney and BanksU.S. Economy

At current interest rates, the Fed’s operating losses will impact the federal budget for years, requiring new tax revenues to offset the continuing loss of billions of dollars in the Fed’s former remittances to the US Treasury.

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The Trillion-Dollar Coin Idea Is Just Another Way to Rip Us Off

Money and BanksU.S. History


The difference between the trillion-dollar coin and the usual debt mechanism is simply the manner in which the taxpayers are exploited to pay for more government spending.

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They Won't Leave Us Alone: The Invasion of Politics



Forget minding your own business. Ours is the age of invasive politics, demanding we take sides no matter how much we would like to be left alone.

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The Modern State Cannot Exist without Fiat Money

U.S. HistoryBusiness CyclesGold StandardMonetary Theory


Fiat money is the fuel of the modern Leviathan state. If we wish to have freedom, we must have sound money.

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The State Will Always Set the Rules in Its Favor

AntipoliticsBureaucracy and Regulation


Remember Lady Justice, who wears a blindfold and holds the scales? She is a state creation, too, and when it comes to state wrongdoing, her thumb holds the scales down.

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The Rise and Fall of Good Money: A Tale of the Market and the State

Gold StandardMoney and Banking


Once upon a time, the USA had sound, reliable money. Then, a small group of "really intelligent" people decided to "improve" it. We know the rest of the story.

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The Italian City-Republics Were the Manhattan of the Twelfth Century

DemocracyEconomic FreedomWorld History


The move from feudalism to the relatively free capitalist societies occurred slowly, beginning with the emergence of the city-states in Italy in Medieval Europe.

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The Politicization of Procreation: The Ultimate in "the Personal Is Political"



Gloria Steinem declared, "The personal is political." Today, politics has reached into family life and even procreation itself, an unhappy trend for unhappy people.

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