Mises Wire

Money didn't originate from the state, no matter how many times contemporary monetary theorists might claim otherwise.

As technology and AI grow more sophisticated, people commonly believe that they also are eliminating uncertainty. Nothing could be further from the truth.

To celebrate the Year of Rothbard, we’re giving away some of his most radicalizing and influential books. Get your copy of our July offering, The Origins of the Federal Reserve, before July 31.

In making threats against oil companies for "price gouging," President Trump shows he knows no more about prices than he does about the real effects of tariffs.

With its new ruling in Trump v. Cook, the Supreme Court demonstrates it does not understand central banking or the Fed. Clarence Thomas, however, saw through the Fed’s lies.

While Bitcoin in its early days promised freedom from the tyranny of fiat currency, those days are gone. Instead, Bitcoin owners are now satisfied if its value goes up against the dollar.

What role does the Constitution play when one state has a different understanding of “American values” than another? Unfortunately, the responses have been inconsistent, depending upon which “values” one wishes to promote.

Mainstream economists claim that understanding and observing reality is not really “doing economics.” Instead, they believe that all we need are abstract theories that predict events well. But over time, financial markets must bend to the real world.

On this July 4, Americans will celebrate 250 years of independence. However, what are people really celebrating, freedom or a militaristic regime?

Forget equity and fairness and reducing so-called wealth gaps. The current “tax-the-rich” movement is driven by an unspoken pathology: envy.