Mises Wire

At best, lockdowns have deferred death for a short time, but the lockdowns cannot possibly be continued for the long term.

As Ronald Hamowy put it, Cato's Letters is “unmatched for its breadth and vigor in the literature of the period.”

One of the standard criticisms of the free market point of view is that it treats individuals as isolated atoms who view other people only as means to the pursuit of their selfish ends. 

Populists need a status quo to oppose, but now Trump stands as the incumbent.

Arguments over the gold standard are not merely technical disagreements. Rather, the gold standard often serves as a proxy for “sound money,” which was a central element in the classical liberal tradition of limiting government’s ability to wreak havoc on society.

A rising price of gold and silver in US dollars, euros, Chinese renminbi, Japanese yen, etc. means this:  the higher the price of this precious metal, the lower the exchange value of official currencies.

Will you help the Mises Institute build this new school of graduate economics today?

Because each person's control over his own body and will are inalienable, no person can be held to any sort of slavery "contract" even if all parties once agreed on it.

Like it or not, libertarians have divided themselves along left-right lines. Here's a brief explanation.

Central bankers are saying two things at once. First, they say that negative interest rates are a natural historical development. But then they say negative rates are an essential tool central banks are using to manipulate the economy.