Mises Wire

Totalitarianism in all its forms—including, of course, National Socialism—ought to be condemned. But why do the Soviet totalitarians get so much sympathy?

Under PM Mario Draghi, the Italian government has issued new edicts designed to make life even more difficult for anyone who doesn't comply with every aspect of the state's covid regime.

The saddest part of this whole manufactured crisis is that it should make absolutely no difference to us whether Russia controls Ukraine. How is that a threat to the United States?

Like new money, knowledge spreads unevenly through the economy in a kind of Cantillon effect. Here's what that means for different market actors

Blockchain technology might be useful in forcing banks to be more transparent in how they handle reserves. 

Does free banking encourage fraud by tolerating fractional reserves? Here's a summary of the debate.

"I get the impression that these people … believe the threat of inflation pales in comparison to climate change and racial inequities."

The US benefits in no way from a war with Russia. Fortunately, many Americans are less than enthusiastic.

If a politician has no clue about what causes price inflation, she probably isn't going to have any idea about how to fix the problem.

A general decline in prices is good news for wealth generators, since deflation means the economy is cleaning out its bubble-fueled, wealth-destroying activities.