Mises Wire

Byrne is a pioneer in broadening applications of Blockchain technology to decentralize institutions, including governments.

The committee to select the winners of the Nobel prize in economics almost always prefer interventionists to laissez-faire economists. The first year was no exception.

The Yen remains strong for a variety of reasons. Restrained monetary policy in Japan isn't one of them.

Lending standards for federal student loans have deteriorated, down to one criterion it seems: the ability to sign your name.

The pragmatist looks for areas where the economy and society fall short of the Garden of Eden, and these, of course, abound. Poverty, unemployment, old people with scurvy, young people with cavities — the list is indeed endless.

Sound money is the most important check on government spending.

Free speech does not imply people are free to insult you in your living room. Similarly, all property rights are "limited" in many ways by the property rights of neighbors and other owners.

Synthetic marijuana is more dangerous and unpredictable than the ordinary kind. It exists because the Drug War has made cheaper, more potent drugs more profitable. And on a black market, safety is not the seller's chief concern.

In his Newsweek column, Henry Hazlitt addresses inflation, deflation, and criticisms of capitalism by "democratic socialists." 

Democratic socialism in Britain in the late 1940s brought a wave of shortages with rations falling even below WWII standards.