Mises Wire

Matthew McCaffrey

Readers of this blog may remember previous posts about George R.R. Martin’s fantasy epic A Song of Ice and Fire and its TV adaptation, Game of Thrones. Carmen Dorobăţ and I have recently collected our writing into a forthcoming book chapter, available for free.

Ryan McMaken

Lew Rockwell: The modern institution of the presidency is the primary political evil Americans face, and the cause of nearly all our woes.

Peter G. Klein
Here are two very interesting journal articles on Kirzner's theory of entrepreneurship.
John P. Cochran

If the first issue is any indication, they will live up to their promise of a "bolder and more robust version of what you have known for decades."

Mises Institute

When a central bank devalues a currency, it is often said that the devaluation will help exporters, and thus the whole country, as a result. But this simplistic analysis ignores the many downsides of inflating the currency.

Robert Higgs

Now that the gross federal debt has surpassed $18 billion—six times the amount that troubled us back in 1990—we can clearly answer the two questions posed by the symposium's organizers: yes, a large and growing federal debt does matter; and no, we can do nothing about it.

Mises Institute

Today's Mises Daily: Many people think of their investments and their money in the bank as their savings, but savings and money are not the same thing. Nor will creating more money create more savings.

Ryan McMaken

The banking system in the United States today functions largely as a spy agency for the federal government.

Ryan McMaken

Discussed by Michael Oliver on Jay Taylor Radio.

Ryan McMaken
Government loans often feature lower interest rates than what can be found in the private sector. But this is only because these cheap loans are taxpayer subsidized. Meanwhile, the government bans many private loans that risky borrowers need most.