Mises Wire

The dollar became the dominant global currency not so much because of its own merits, but because of the self-destruction of the pound sterling caused by the British state and central bank.

President Biden's executive order to promote transgenderism on college campuses eviscerates long-held due process protections for accused students. This will not end well.

Some on the progressive left are not satisfied with just trying to "save the planet." They want to eliminate the human race altogether.

The real issue we face is not whether we should be in the red tribe or the blue tribe, but rather what will be the constituency for freedom.

In their attempts to remake the economy, progressive elites are pushing ESG. What they forget is that the economy runs on real things, not ideology.

We hear ad nauseum from political and media elites that the war in Ukraine is about preserving "our freedoms." Murray Rothbard had something to say about this sophistry.

While politicians, media mavens, and the academic elite spread fear about artificial intelligence, AI is helping make life better for ordinary consumers.

While most free market advocates are fixated on the national debt, they also should be looking at municipal debt over which taxpayers have no say. Maybe default is the answer.

The yuan won't topple the dollar as the preferred global reserve currency. But the dollar could commit "suicide" if the US doesn't change its monetary policy in a big way. 

A central tenet of Keynesian economics is that governments must run budget deficits to stimulate economic growth. But government spending actually shrinks the economy.