Mises Wire

Economic depressions are not caused by a strong decline in the money stock, but by a depleted stock of real savings.

Twenty-twenty-one is zipping by. Help the Institute fight the latest wave of statism by making a donation before the year ends!

The new "gold-exchange standard" of the 1920s was a new concoction of the world's regimes after the Great War.  It certainly wasn't a true gold standard. 

The true cost of America's wars—in lost productivity, resources, and opportunity cost—is far higher than even the official numbers of trillions spent on the Pentagon's many failures.

Genuine change will likely come only through muddling through at the state and local level. That kind of work will be instrumental in the creation of decentralized alternatives to our present political order.

Workers should have the freedom to take their time off when they need it most. Official government holidays don't actually mean more time off. They just mean less flexibility.

For Jesus and his followers, private enterprise was there from birth, through life, and to death, providing a refuge of safety and productivity, just as it has in our time.

Crack-up booms have historically facilitated the growth of authoritarian political movements. This is not inevitable. But we do need radical change to today's fiscal and monetary disasters.

The hardships from high fossil fuel prices that will be suffered by Americans and others around the world will be a humanitarian crisis that could have been avoided.

Colorado and Washington State have shown governors in the Northeast and Mid-Atlantic how they've been missing out on collecting taxes from cannabis sales.