Mises Wire

The government can't return the SS money it stole in the past. It's impossible. That money's gone. Taxing today's workers to "pay back" pensioners is just creating a new group of tax victims. 

The empty shopping mall: a story of how government actions created a huge malinvestment in western Pennsylvania.

By itself, the end of the petrodollar won't destroy the dollar. But it will continue a trend that weakens both the dollar and the US regime's power. 

What happens to a society when spending is encouraged and saving is for chumps? 

These days, the Fed and Chairman Jerome Powell are claiming the title of "inflation fighters." The more appropriate moniker should be "inflationists."

As Murray Rothbard wrote, inflation is not an increase in prices. It is, instead, an increase in the supply of money in circulation. The distinction is important.

How do societies determine who their heroes are? We know that often those seen as heroes actually made a country worse off.

Progressives like to claim that "America" has a "gun violence problem." However, the "gun violence problem" happens to exist in places where progressives dominate the government.

Monetary authorities have come up with numerous clever ways of measuring money. However, they are unable even to define money, much less measure it.

Americans often have defended the atomic bombings of Hiroshima and Nagasaki as regrettable but necessary for ending World War II. The actual record tells us a much different story.