Mises Wire

How Paper Money Turns Governments into Predators

InflationMoney and BanksWorld History

Blog10/09/2023

Paper money transforms governments from parasites to predators. Once a government can print what it likes, it no longer needs taxes.

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How a Trickle Can Turn into a Flood

Economic PolicyInflationWorld History

Blog10/07/2023

Infamous hyperinflations like what hit Germany in 1923 did not begin as a flood. Instead, they started as smaller bouts of inflation initiated by governments that printed money to pay for deficit spending.

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How Inflationary Money Causes the Affordability Crisis

The FedInflationMonetary PolicyU.S. Economy

Blog10/07/2023

The affordability crisis is upon us. Housing, food, you name it, life is becoming expensive. The government blames business, but perhaps government officials should look in the mirror.

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Haiti May Have Won Independence, But It Is Not Independent of Chaos and Poverty

Bureaucracy and RegulationEconomic FreedomWorld History

Blog09/20/2023

Haiti famously won its independence from France during a slave revolt, but being independent has not brought political stability or prosperity. Instead, Haitians struggle to get by in the Western Hemisphere's poorest country.

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How Does One Define "Libertarian"?

Economic FreedomLibertarianismPhilosophy

Blog09/15/2023

With the current jumble of poltical terms, it is hard to discern what is "libertarian," and what is not. Economic freedom and individual rights must be at the top of the list.

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Hollywood Meets the Austrian Business Cycle

Booms and BustsMedia and CultureU.S. EconomyBusiness Cycles

Blog09/14/2023

Hollywood can create stories from thin air, but when the film industry creates malinvestments, there is a bust in the future.

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How a CBDC Created Chaos and Poverty in Nigeria

Bureaucracy and RegulationCentral BanksMonetary PolicyProgressivism

Blog09/01/2023

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

Blog08/26/2023

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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