Mises Wire

A common error in economics is to label increases price increases inflation. Inflation actually is an increase in the money supply, and that increase leads ultimately to price hikes.

Why do Americans believe that state and local laws are subject to veto by federal policy makers but the federal government is to be the sole judge of its own laws? Federal elites want it that way.

In an attempt to stymie the spread of covid-19, the Chinese government has imposed reckless and harmful lockdown policies in several cities. This will not end well.

The standard line among the Great Reset crowd is that capitalism exploits poor nations and causes poverty. In reality, capitalism and free markets have reduced poverty around the world.

Indian tribe sovereignty has long been a much neglected, yet important, tool in decentralizing and limiting government power in the US. 

Groups targeted by class warriors in America will achieve more if they follow the Igbos’ path and ignore the politics of grievance.

While the economic sanctions against Russia are helping to impoverish people in that country, they are doing a lot of damage elsewhere too.

"Repealing the twentieth century" sounds like madness to many. Yet the progressivism that came from that century will be the death knell of civilization if not stopped.

Since the overturning of Roe v. Wade, pundits on the Left have demanded even more centralization of government. But federalism is the best way forward.

As Newsweek noted last week, Russian television pundits are joking that with the financial windfall Russia has seen since sanctions were imposed, “Biden is of course our agent.”