Mises Wire

Walter Bagehot, as Jim Grant writes, believed that bankers and central bankers should exhibit financial discipline. He would not recognize today's banking world.

Washington elites and especially their media have denounced what they once praised: leaking of official documents that show the government has been lying.

Contrary to Krugman, DeSantis and others warning about a CBDC aren’t being paranoid: they are simply drawing the obvious conclusions from history.

Official Washington and its Court Media are up in arms that someone has told the truth via leaking government documents. They won't rest until he is punished severely.

As markets settle down after the last set of bank failures, political elites claim the crisis is behind us. But it is not over, not by a long shot.

American politicians are beating war drums. They forget that bad relations are costly in many ways.

With negative growth now dipping below negative 6 percent, money-supply contraction is approaching the biggest declines we've seen in decades.

Justice Oliver Wendell Holmes famously claimed that taxes were the price people paid for civilized society. The problem is that taxes themselves are antisocial.

There is a concerted effort in the legacy press to paint a picture of Jack Teixeira as an antigovernment Trump-loving right-winger who is undeserving of whistleblower protections.

The passage of an income tax in the early twentieth century was an enormous shift toward a far more centralized and powerful US state.