Mises Wire

This holiday season, there's a way to give money to the Mises Institute every time you shop on Amazon: Amazon Smile.

Mises Daily Friday by Mark Tovey.

Student loans may be a liability on the consumer balance sheet, but they constitute an asset for Uncle Sam. Just how big? It's 45.3 percent of the total federal assets, up from 37.2 percent at the end of 2012. This is about 7 times larger than the 6.4 percent for the Total Mortgages outstanding and 4.8 times the size of Taxes Receivable.

Mises Daily Friday by Ron Paul

The US Government takes baby steps toward normal relations with Cuba. This is a good thing. 

How parochial ethno-nationalist concerns perpetuate the Cuban trade embargo 

"What Michael did was the exception, not the rule. He didn't have to do this."

The George Stinney case: racism can explain why the jury would want to convict a black person, but only a deplorable pro-government bias explains why they so easily convicted this particular black person. 

Mark Thornton encourages you to join the Mises Institute.

In January 2014, 33 Russian rubles exchanged for 1 dollar. In December 2014, the amount has more than doubled, reaching 77.2 rubles per dollar. At the bottom of it lie the actions of the Bank of Russia.