Mises Wire

The benefit of automation is that it leads to an increase in real wages. This was true 100 years ago, and it is still true today.

We can build upon our understanding of liberalism, but as Ralph would stress, we should never forget our traditions, or discount our principles.

This year, our attention will be toward the Fed and central banks, as the world's financial elites try to navigate increasingly volatile waters.

The supply of US dollars accelerated during late 2016 with October's year-over-year increase hitting a 46-month high.

The age old fallacy of price control, now in mobile payment form.

Areas where median wages are lowest are hurt the most by minimum wage increases. Puerto Rico is no exception.

When the Cuban government stole Havana Club rum from the true owners, it set into a motion an intellectual property debate that lasts to this day.

The works of Mises, of Rothbard, of the great Austrian thinkers were unavailable in Hungary — until now.

Obama's unilateral move to create National Monuments in Western states is simply the natural outcome of allowing federal control of so much land.

Congress seems set to reform the Fed, but what we really need is Fed competition.