Mises Wire

How a CBDC Created Chaos and Poverty in Nigeria

Bureaucracy and RegulationCentral BanksMonetary PolicyProgressivism


The Nigerian government should have seen the economic disaster the eNaira would cause. They didn’t, and chaos and rioting followed.

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How Churchill Built the Welfare State in Britain


Although his conservative idolaters seem blithely unaware of the fact—for them it is always 1940—Churchill was one of the chief architects of the welfare state in Britain.

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How the Soviets Used Common Criminals to Destroy the Regime's Enemies

World History


In the Gulag, political prisoners were systematically terrorized by ordinary criminals with the encouragement of the authorities. It was hoped this would help the regime liquidate the state's ideological enemies. 

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Help Us Get What Has Government Done to Our Money? into the Hands of Students!

Booms and BustsCentral BanksEconomic PolicyThe FedInflationStrategy

This year marks the sixtieth anniversary of Murray Rothbard’s classic work What Has Government Done to Our Money? We need your help getting it into the hands of a new generation.

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How Conscription Ended Fifty Years Ago

Big GovernmentU.S. HistoryWorld History


For the past fifty years, the US has not had a military draft. Unfortunately, the end of conscription did not mean US military interventions abroad ended.

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Has World War III Already Begun?

Economic PolicyThe FedWar and Foreign PolicyWorld History


The recent actions of the Federal Reserve are reminiscent of central bank activities in wartime.

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Hail the Speculators! They Take the Necessary Economic Risks in Our Economy

The EntrepreneurStrategyU.S. Economy


Speculators are reviled in the media and by politicians and academics. Yet the speculators are the ones taking risks to ensure the rest of us can have more economic certainty.

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How East Germany's Stasi Perfected Mass Surveillance

Big GovernmentBureaucracy and RegulationSocialismWar and Foreign PolicyWorld History


The East German secret police, the Stasi, developed the art of mass surveillance using pre-digital  methods. Modern tech now makes the job a lot easier. 

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