Mises Wire

Our greatest enemy today is the economic illiteracy and confusion on the part of those who insist on “planning,” “stabilizing,” and straitjacketing the economy.

If consumers are free to choose, any entrepreneur focused on serving customers can compete against even huge established corporations. Moreover, the market provides a way to reward the most innovative and customer-centered entrepreneurs.

Ships aren’t cheap to purchase. But when financing is abnormally cheap and expectations of future business are rosy, it stands to reason that shipping companies would put in a raft of orders.

Mises University has been going strong for 30 years.

Thanks to government loans, the price of college has skyrocketed in recent years because student loans mean colleges can raise their prices without driving away otherwise-price-sensitive students.

Implicit in Trump's economic statements is Mill's (and the Austrians') central message that there is no need to ever worry about the level of consumption, because it will always naturally adapt itself to the level of production.

Liberalism has no party flower and no party color, no party song and no party idols, no symbols and no slogans. It has the substance and the arguments.

Given the monetary dark arts being practiced around the world, I would much prefer my money in the hands of Gringotts goblin, than at the mercy of our Federal Reserve Chairman Who-Must-Not-Be-Named.

Institut Coppet in France has recently made available a French translation of Murray Rothbard's Education: Free and Compulsory.

Europe continues to move toward banning physical cash. But, in spite of government claims, it's not about fighting crime. It's about economic control.