Mises Wire

Secretary of the Treasury, Jack Lew, released the government's audited financial statement and it make Bernie Madoff's books look like Warren Buffet's financial statements!

Cesar Chavez wanted immigration controls to hep him prop up union-labor wages.

Central banks worldwide are putting their faith in negative interest rates. Unfortunately, these central bankers do not understand what interest rates are supposed to do, or how manipulating them will lead to a bust.

This incident is one more example that demonstrates the contempt with which the US government holds private companies. Private companies are literally being conscripted to serve the state.

Dodd-Frank has all but ended the days of the friendly, small-town neighborhood bank.

Get ready for a brand new Mises Institute experience on Snapchat!

CNN asks today: "What would a president Trump mean for the Fed?"

NIRP will fail miserably, in part because they signal that the central banks are out of options and the economic system is in terminal decline.

Central Banks now pay interest on bank reserves held at the Fed. It may sound like only a minor change, barely worthy of notice, but it's actually a very recent and radical experiment for central banks, with large implications for monetary freedom.

The Index of Freedom of Education is right, that at the core of freedom in education is the issue of diversity and competition in educational institutions.