Mises Wire

Since the early 1960s, African nations have gained political independence from colonial powers, but the monetary colonialism of fiat money continues.

With inflation still near forty-year highs, this is the thirteenth month in a row during which earnings have fallen behind price inflation.

The Keynesian "stimulus" policies were suppose to reinvigorate the economy. Instead, they have brought stagflation.

Sanctions are promoted as a response to international aggression. Yet, sanctions themselves are a form of aggression that, like war, usually have unhappy endings.

For the past six months, the regime has repeatedly used whatever bogeyman could be blamed for inflation—so long as the central bank remains blameless. First it was "greed," then it was covid, and now it is "Mr. Putin."

Most people—and especially most economists—not only are ignorant of what money actually is, but how and why it became part of our economy in the first place.

In a recent speech, President Joe Biden blamed inflation on businesses raising prices and told them that they needed to lower their business costs -- but boost wages. You do the math.

By what yardstick would we threaten war for the independence of Taiwan but continue to tolerate 60 years of totalitarian repression in Cuba, 90 miles away?

Green energy advocates want us to believe we easily can transition from conventional fuels to renewables. In truth, such a transition not only would devastate world economies, but also is not technologically possible.

Since the Obama administration nationalized the student loan program, we have seen student debt metastasize. Unfortunately, the Biden administration looks to make things even worse.