Mises Wire

Murray Rothbard was an elite economist, historian, and avowed enemy of the state. His legacy lives on nearly three decades after his untimely passing.

Some have wrongly blamed the current bank failures on the Federal Reserve’s interest rate increases. The real problem is how the Fed encouraged the entire financial system to get addicted to easy money. 

Most socialists are not misguided about how to have a prosperous economy, for that is not their goal.

When he was president, Donald Trump raised tariff rates, promising it would revitalize American production. It was a costly boondoggle.

Federal authorities want us to believe that by bailing out Silicon Valley Bank, they have prevented a financial crisis. Instead, we will have a crisis with bailouts.

Any realistic review of the Federal Reserve’s MBS experiment would conclude that the Fed should stop buying mortgages.

The only thing that saves citizens from much higher prices is the fact that the transmission mechanism of monetary policy is independent and diversified. Imagine if that transmission was direct and had only one channel, the central bank itself.

Advocates for more military spending tell us the taxpayer must pay to expand the US's nuclear arsenal.  Because of China. In truth, the US's arsenal is in no danger of not "keeping up."

Only the unhampered capitalist economy allows full and unfettered charity to flourish in society. Dr. Hülsmann’s new book makes the case for private property, sound money, and private charity as the building blocks for a healthy society.

How do people in a pluralistic society live peacefully with each other? In his review of Kenneth McIntyre's book, David Gordon points to negative liberty as the best way to preserve values.