Mises Wire

In recent decades, active generals and retired generals have grown into a group of politically influential technocrats who are regularly feted in the media as incorruptible experts.

During August 2020, year-over-year (YOY) growth in the money supply was at 37.56 percent. That's up from July's rate of 36.92 percent, and up from August 2019's rate of 1.86 percent.

It may be emotionally satisfying for many to favor sticking it to billionaires, but reason informs us that in so doing it is the poor who would end up paying the steepest price.

The trial of Julian Assange will have consequences that are far larger than the man himself. Whatever will be Assange's future, he is already one more martyr in the historic struggle for political freedom from which everyone can take inspiration.

Gender feminism, the New Left, and Marxism all share an anticapitalist stance and the framework of class struggle. The difference is that gender feminism, the New Left, and their ideological heir have redefined the antagonists.

The task ahead is to demonstrate that whatever the sacrifices required to achieve more localized decision-making might be, centralization is too dangerous to continue.

If policymakers finally let a real economic "correction" and recession happen, it means the economy will finally turn toward doing what the consumers actually want.

The disputed election of 1876 could have led to another civil war. Fortunately, civilian institutions intervened to create a compromise, and the military was kept out of it.

Riots (unlike peaceful protests) are economically disastrous for inner cities. They also tend to create blowback against the people the riots claim to be defending.

If you like high taxes, crony capitalism, central banking, and a central authority that can regulate everything you do, thank Alexander Hamilton.