Mises Wire

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For families and friends gathering for Thanksgiving this year, many will assemble in a room called the "dining room." This is a modern luxury made possible by the bourgeois merchants of old.

The woes of Britain's financial sector have been exacerbated by UK financial regulators' failures.

Federal Reserve officials, for all of their alleged wisdom and education, have a knowledge problem. Hayek and other Austrians could have told them their grandiose plans will fail.

Ending the string of economic crises that have occurred the past two decades will happen only when economies can depend upon sound money.

All too often, elite mainstream economists' policy recommendations are built on fallacies. We shouldn't listen.

A serious political discussion at the federal level would center on structural problems of war and peace, debt and the dollar, and entitlements. But America in 2022 is a deeply unserious country.

For all the positive talk, Americans are piling on more debt just as real wages are falling, job losses are mounting, and debt costs are rising. Thanks, Fed! 

Europe is in crisis, thanks to its progressive leadership. Václav Klaus, former president of the Czech Republic, points out the problems and offers a remedy: free markets.

Free-market production, albeit imperfect, is driven by entrepreneurs seeking to profit from serving consumers. Government regulations sever this link to consumers wants.