Mises Wire

Douglas French

Yellen has announced that the economy is safe in our lifetimes. She follows in the footsteps of two great Fed Chair prognosticators.

Claude Frédéric Bastiat
The general character of Socialism is very whimsical, and I cannot help asking myself how long such a tissue of puerilities can continue in vogue
Ronald-Peter Stöferle

The social advantages of eliminating physical cash are minimal, and economists tend to ignore the many costs that a cash ban would create.

William D. Hartung

The US has spent untold billions on foreign policy favoring the Saudi dictators. Under Trump, it looks to get even worse.

Daniel Lacalle

It's becoming increasingly clear the Bank of England is sticking to an uncomfortably aggressive quantitative easing program.

Caleb McMillan

The team at the Bank of Canada has confused cause and effect once again.

Ryan McMaken
Jim Grant: Our current monetary system "is the financial counterpart to the philosophy of statism."
Joseph T. Salerno
Uh-oh. Chairman Yellen assured us today that she does not believe that there will be another financial crisis "in our lifetimes."
Jeff Deist
A recognition that politics won't solve America's cultural divide means even some conservatives are embracing more radical decentralization.
Thorsten Polleit

Once the Super-Bubble pops, we will see what people demand as the ultimate means of payment: gold or cyber units, or both.