Mises Wire

[From an interview with Ron Paul (about

Consumer prices have been stable, but we should pay attention to 2014's decline in the money supply which mirrors a similar decline from 1927 and 1928, which was followed by a collapse in industrial production.

More than 650 people joined the Mises Institute near Houston last weekend to celebrate Ron Paul’s 80th birthday.

The Fed is talking about raising interest rates, but it knows that any move in that direction is likely to cause a recession and more economic pain. But it also knows it can't keep forcing down interest rates forever.

Do not blackmailers, well, blackmail people? And what could be worse? Blackmailers prey on people's dark, hidden secrets. They threaten to expose and publicize them. They bleed their victims and often drive them to suicide. We will find, however, that the case against the blackmailer cannot stand serious analysis

It’s great to see that mises.org and The Austrian contributor James Bovard has joined the Board of Contributors of USA Today

We live in a world of euphemism.

Economist Jeffrey Sachs is complaining that some new drugs cost "too much." But after we sift through all the intellectual property rules, the FDA regs, and the government subsidies, it's impossible to guess what a "correct" price for the drugs might be.

In this CNBC video, Ron Paul notes that almost all economists consider price manipula

In 1925, Winston Churchill, in spite of massive wartime inflation of the pound sterling, restored the gold standard at the old pre-war exchange rate. This set off a chain of events that led to the 1929 crash in America, and the rise of Keynesianism.