Mises Wire

Today's paper money does not have value due to some government decree. It's value as money is based on a past connection to commodity money.

If we had to sum up economics in ten fundamental laws, here are ten we would choose.

As we wait to see what 2017 has in store for us, at least we can enjoy watching Krugman continue to destroy his reputation 140 characters at a time.

Political globalization and the US's current foreign policy are facing real obstacles in a Donald Trump administration.

Now in mailboxes, the year-end issue of The Austrian is also now online.

The real question about immigration is not whether borders are open or restricted, but rather who decides?

Europe's tobacco bans have managed to destroy businesses without actually getting people to stop smoking.

If the US dollar begins to return to monetary sanity — for now — other currencies will face grave threats to their monetary status quo.

Even without ending the Fed, there are several steps that the Trump administration can take toward improving monetary policy.

We lost one of the great scholars this week with the passing of Ralph Raico.