Mises Wire

Apparently, Ireland‘s government has not learned any lessons from rent control disasters elsewhere. Thus, the Irish will have to learn this hard lesson and face the consequences of their economic folly.

Thanks to modern Keynesian economics, most people believe money gains its value from the government that issues it. Money's value, however, is historically tied to the value of the commodity from which money was derived.

Oklahoma City will be building a new arena for the 2025 NBA Champions Thunder. Not surprisingly, the taxpayers will be the ones carrying most of the financial burden.

I’d like to begin by telling you something about how I founded the Mises Institute in 1982 and what we are trying to accomplish.

In an attempt to compete with the Soviet Union by bringing future elite political leaders from Africa to study in US universities, Sen. John Kennedy and the CIA inadvertently spread Marxism here and abroad. One product of this program was bringing Mamdani's Marxist father to the US.

Bob Murphy and Jonathan Newman offer a comprehensive Austrian response to Richard Werner’s claims on the Tucker Carlson Show about banks, money creation, and credit theory.

It was no secret that President Franklin Roosevelt hated Germany and all things German. Heavily influenced by Silas Marcus MacVane, FDR embraced MacVane's left-leaning progressivism.

What use is the Fed's supposed devotion to being "data-driven" when the data itself is unreliable and the Fed is basing its policies on data that is thoroughly wrong?

Understanding any era of history requires the ability to view complex things. 

While Hayek did not write directly about the American Civil War, some of his writings provide insights on the conflict.