Mises Wire

Like a good guy in an old Western determined to put things aright, George Selgin has once again arrived on the scene shooting from the hip--an

It was just a matter of time before Western governments used the trumped up “War on Terror” as an excuse to drastically ratchet up the

All the named lectures from this year's Austrian Economics Research Conference

Mises Daily Friday by Edin Mujagic:

Data from Japan, Spain, Greece, and the Netherlands all suggest that deflation is not the disaster many economists suggest it is. In fact, there's good reason to believe that economies really start to take off when prices fall the most.

For those new to Austrian economics, there are few modern scholars whose work I would recommend more enthusiastically than Salerno’s.

Gustave de Molinari learned of “the destructive apparatus of the civilized State” from the French Revolution, “naively undertaken to establish a regime of liberty and prosperity for the benefit of humanity, end[ing]…in an increase in the servitude and burdens.”

In Rio they...waved placards calling for “Less Marx, more Mises.” 

There is no way to know with certainty what the Fed might do in the future, but I’ve been on record as saying that under the circumstances I find it practically impossible for the Fed to ever get around to deliberately raising interest rates

A fashionable approach to monetary policy these days, even in free-market circles, involves "NGDP targeting." 

To pay its debts, Greek government, "busy thinking of new ways to raid its own population."