Mises Wire

Mises Institute
Tatsuya Iwakura — translator of many works by Mises and Rothbard into Japanese — has completed two new translations now available on Amazon.
Frank Shostak
Central banks have no way of knowing the "right" amount of money-supply growth. But, markets can work to suppress growth in un-backed paper currency.
Douglas French
Because Fannie and Freddie weren’t allowed to fail, it has taken years for these wards of the state to smell the delinquent-mortgage coffee.
Jeff Deist
Taxes not only fund wars and enrich unworthy rulers, but also create crippling distortions in every economy the world has ever known.
C.Jay Engel

Stanley Fischer said on Monday that a negative market response to balance sheet reduction was unlikely.

Shaun Bradley
The auto-loan market has recently ballooned, but the delinquency data raises questions about how much longer these spending habits can last.
Justin Murray
Automation is not always a sign of greater efficiency — especially when automation is the result of government interference in the marketplace.
C.Jay Engel

Here are the Fed's upcoming events and speeches for the next week.

Robert L. Luddy
The Fed has strayed from its initial charter and is now the primary enabler of federal deficit spending and debt, which is now almost $20 trillion.
Ron Paul

The Fed has long claimed it is independent of politics. This, however, has always been a claim based on pure fantasy.