Mises Wire

The 'good' news this holiday season comes from the IMF, as the Fund decided yesterday to include the yuan in the basket of currencies which underpins its Special Drawing Rights (SDR).

Robert Wenzel reports that none of the speakers at a recent Cato Monetary Conference favored ending the Fed.

In the 19th century, many western states gave the vote to non-citizens, and by using their control over who could vote, states indirectly controlled citizenship standards in the United States.

In the latest issue of The Austrian, Jeff Deist explores the intimate connection between authoritarianism and political correctness. It's not about being polite. It's about political control.

Strange centennial somehow makes sense in the world of Leviathan.

Even though it isn't a member of the European Union, Norway is a part of the Schengen Area in Europe which is the "borderless" zone of Europe where, until recently, people and goods could pass from country to country without border checks.

Republicans and conservative think tanks are apparently convinced that the key to improving the Federal Reserve is to create a "rules-based" monetary policy. But, as is so often the case with economics, things are much more complicated than they seem.

Jim Rickards, explores our current global currency wars, the rise of other global currencies, and the end games being explored by central banks today.

The true lessons of Thanksgiving are that private property, the market economy, and personal responsibility lead to prosperity, while government intervention makes us all poorer.

Everything in human life is organized around how we make decisions about three things: scarcity, property, and relationships.