Mises Wire

What does it mean to say that there has been “education inflation”?  It is an analogy to money inflation.  Austrians understa

Congratulations to Thomas DiLorenzo on the Korean edit

• The Re-Monetization of Gold (Gary North, LRC): “If gold is to be re-monetiz

Obviously, Paul Krugman would hold that the problem here is t

In one of the few statements Schwarzenegger has made on economics, he once said that he liked Adam Smith better than Keynesian theory.

• Against Discouragement (Lew Rockwell, LRC): “The biggest enem

It appears as though my prediction that pharmaceutical companies would cease to sell to Canadian pha

Paul Krugman, who is partly right here, once again tells us of the horrible evi

• European State Bailouts Return With a Ne

The Wall Street Journal reports (