Mises Wire

Economics is not like the physical sciences, and reasoning and analogies based on the physical sciences are often misleading in economics. 

These three books can open up a deeper understanding of war, drugs, and human society in general.

Neither the United States nor the European Union are so free of protectionist “sin” to cast retaliatory tariff stones at the other. 

The Fed is already living dangerously with its recent hike, and further rises will all but guarantee a credit crisis. 

Californians will be able to vote in splitting the state up this November. Which is great because California needs a huge dose of decentralization.

While Pence pointed out the massive violations of civil liberties in Venezuela, Nicaragua, and Cuba, he forgot to mention what has been occurring at the US's Guantanamo Bay.

The art of financial engineering – camouflaging a rise in leverage to boost present and future earnings – is in high demand.

Without saving and investment, there can be no material progress — which is necessary for cultural progress and flourishing.

The US is often criticized for supposedly offering a lower quality of life than Europe. But far more Europeans migrate to the US than the other way around. 

Let us see what happens under inflation, and why it happens.