Mises Wire

It’s impossible to simply declare nationalism itself to be good or bad. Its goodness or badness depends primarily on its effect on existing regimes and state institutions.

With inflation making workers poorer, and with midterm elections looming, Janet Yellen is doing damage control by arguing over the definition of "recession."

Modern socialists claim that Hitler's Nazi regime was the antithesis of socialism. Hitler would have disagreed, as he saw himself and his movement as being primarily socialist.

As prices rise, many people—including economists, who should know better—claim that price increases are inflation. They are not.

Rather than contributing to a "soft landing," raising interest rates will continue to destroy wealth.

Politicians, academics, and the media often call for a new Manhattan Project to deal with economic issues. But there is a huge difference between technological problems and economic ones.

Most people think the Industrial Revolution catapulted humanity into modern comfort, but this narrative leaves out the agricultural revolution that had to come first.

As the US political landscape shifts rapidly and college economics departments become increasingly hostile, the way we teach free-market economics will change.

It's going to take more than a 0 percent policy interest rate and a newly invented name for QE to really address years of monetary inflation. 

Forget the talk from Biden and economists like Paul Krugman. Double-digit inflation is here, and it will be with us for a while.