Mises Wire

Karl-Friedrich Israel
No justification for central banks erases the fact that the central banks are creatures of power politics rather than economic reason.
Ryan McMaken
Now that his career at the Fed is over, Alan Greenspan remembers what he already knew about gold and the gold standard.
Alice Salles
The Brazilian government spent billions on facilities and infrastructure for the 2016 Olympics. Now, the taxpayers wonder what it was all for.
Matthew McCaffrey
Central planning implies eugenics, and eugenics in turn is a kind of central planning.
C.Jay Engel

When should the Fed raise rates? Mainstream economists rely on statistics, but reject the necessary theory by which to interpret.

Llewellyn H. Rockwell Jr.
Everyone takes for granted that it’s normal for a country of 320 million to be dictated to by a single central authority. It's time to call it quits.
Ryan McMaken

Alexander Hamilton wanted a strong single executive who could maximize "secrecy" and "dispatch." Unfortunately, he got what he wanted.

David Gordon
Nietzsche thought that the state would probably be replaced by private protection agencies.
Scott Powell
Eliminating government regulations is as critical as tax relief in turning the US economy around.
Louis Rouanet
The “constant flicker” of American life described by Fitzgerald in his novel is no less than the artificial boom driven by the Fed during the 1920s.