Mises Wire

Frank Shostak

Keynesians believe that if government spends more, it creates wealth in the process because it is "creating demand." But only wealth generation can create demand for goods.

Ryan McMaken

It’s impossible to simply declare nationalism itself to be good or bad. Its goodness or badness depends primarily on its effect on existing regimes and state institutions.

Frank Shostak

As prices rise, many people—including economists, who should know better—claim that price increases are inflation. They are not.

John Kennedy

Modern socialists claim that Hitler's Nazi regime was the antithesis of socialism. Hitler would have disagreed, as he saw himself and his movement as being primarily socialist.

Frank Shostak

Rather than contributing to a "soft landing," raising interest rates will continue to destroy wealth.

Patrick Barron

Politicians, academics, and the media often call for a new Manhattan Project to deal with economic issues. But there is a huge difference between technological problems and economic ones.

Joseph T. Salerno

Forget the talk from Biden and economists like Paul Krugman. Double-digit inflation is here, and it will be with us for a while.

Phil Duffy

Most people think the Industrial Revolution catapulted humanity into modern comfort, but this narrative leaves out the agricultural revolution that had to come first.

William L. Anderson

As the US political landscape shifts rapidly and college economics departments become increasingly hostile, the way we teach free-market economics will change.

Ryan McMaken

It's going to take more than a 0 percent policy interest rate and a newly invented name for QE to really address years of monetary inflation.