Mises Wire

The Homestead Acts are often held up as proof of how wise and prudent the federal government can be. The actual history of the Acts is less impressive.

With an election coming, the Fed has lost its enthusiasm for raising interest rates, much to the benefit of the incumbent party.

Regulation makes many firms larger and more bureaucratic than they would otherwise be.

There are really two types of asset-price-inflation periods. One is the "boom" type, but the other is the current "depression" type.

In the wake of Brexit and other referendum votes that go against the leftist political orthodoxy, elites have decided democracy is a problem.

Our September-October issue of The Austrian covers this year's grim election circus.

Iceland is not the only country coming up with "creative" ways to seize your wealth and income. The US is going down this path as well.

Putting the finishing touches on the world's largest building in China

Do central banks have a plan? Do they know what they are doing? The BBC wonders, and Jeff Deist provides some of the answers.

From the state to private corporations, many groups benefit from marijuana prohibition. And, they will fight to keep marijuana illegal.