Mises Wire

Modern monetary theory assured us that printing money wouldn't create an inflation problem. Oddly enough, we don't seem to hear much from the MMTers anymore.

As "decarbonize agriculture" becomes the watchword, powerful multinational agriculture firms have embraced the 2030 UN agenda. Their actions will result in widespread hunger.

As fear that robots and artificial intelligence will take over whole lines of work, it is time to examine the real relationship between capital and the rest of us.

The jobs data is worse than the latest headlines suggest, and workers are staring at falling real wages, declining savings, and mounting debt. We can thank the Fed. 

While personal autonomy is a major topic of conversation, for Rothbard the most important thing is liberty, and liberty and automony are not always the same.

Progressives are quick to blame escalating healthcare costs on free markets, yet it's government rules and policies that are responsible.

Mainstream economists claim that data alone can explain economic actions. Austrians know that without theory, data explains nothing.

Pakistan, like so many other countries, is seeing inflation close to spiraling out of control. As for finding causes, monetary authorities should look in the mirror.

When communism fell with the USSR, Murray Rothbard realized that the greater threat to liberty was social democracy. Events of the past few years have proven him correct.

The Soviet regime relentlessly expanded the money supply. To prevent inflation, the regime then created shortages through price controls and economic stagnation.