Mises Wire

John Maynard Keynes derided gold-based money as a "barbarous relic," yet it was gold that enabled a long regime of honest money -- and the advance of civilization.

Progressives claim that capitalism is a form of "social Darwinism." Mises knew better.

The world's central banks ran up their risk, all together, and now the big risks they assumed are turning into losses all around the central bank club.

Energy production in the USA and elsewhere is in trouble because of government control. We need more energy and less regulation.

For nearly two decades, business, academic, and political elites have spread the fiction that central banks can engineer prosperity by printing more money. Markets now are discrediting that fairy tale.

Beijing must be very happy. Thanks to the "price cap," the Asian giant will secure a long-term supply at al attractive price from Russia and sell refined products globally at higher margins.

The more we understand critical race theory, the more we understand that it is not compatible with a free society.

One hardly can imagine a better tool of social control than a digital currency. Not surprisingly, U.S. monetary authorities are moving in that direction.

Even if we accept the dubious claim that the supposed strength of the USSR justified nuclear brinkmanship, its absurd to make that same claim about modern Russia.

Even if we accept the dubious claim that the supposed strength of the USSR justified nuclear brinkmanship, its absurd to make that same claim about modern Russia.