Mises Wire

The "subsistence fund" — created by real savings — is the foundation of true economic growth. But it can be eroded and destroyed by creating money "out of thin air."

Just as unilateral free trade results in a more solid economy for the countries that adopt it — even within an international economy of protectionism in other countries — so would a commodity-money based economy surrounded by fiat-money economies.

The true aim of these “scholar activists,” as many academics have begun calling themselves, is to propagate socialism by redefining capitalism to encompass every evil of human history. Which means they're mostly attacking straw men.

Huawei’s 5G global ambitions, coupled with the global trade effort known as the "Belt and Road Initiative" means the US government is motivated to undermine Hong Kong's monetary stability.

Tariffs are just a tax increase on business owners who must now lay off workers or take pay cuts to deal with a government-imposed rise in the cost of doing business.

Brexit and decentralization are good things, but the unfortuante truth is that harmful post-Brexit policies are equally likely to be imposed by the UK’s own government as by the European bureaucracy.

Assessing cryptocurrencies through a framework of "saleableness" may help us understand why some cryptocurrencies are chosen for speculation above others.

Occupational licensure, civil asset forfeiture, and an inflationary monetary policy all work to destroy wealth-building opportunities among lower-income and non-white groups.

How ironic that Pompeo and the rest of the neocons in the Trump administration are ready to violate the US Constitution in order to attack Venezuela to “restore their constitution.”

Maybe the fact that both homicides and violent crime overall have nearly halved over the past 20 years is a reason school officials show little interest in taking practical steps toward on-site security.