Mises Wire

Inflation, the issue of additional paper money, and credit expansion are always intentional; they are never acts of God which strike people, like an earthquake.

In recent decades, active generals and retired generals have grown into a group of politically influential technocrats who are regularly feted in the media as incorruptible experts.

The task ahead is to demonstrate that whatever the sacrifices required to achieve more localized decision-making might be, centralization is too dangerous to continue.

If policymakers finally let a real economic "correction" and recession happen, it means the economy will finally turn toward doing what the consumers actually want.

Gender feminism, the New Left, and Marxism all share an anticapitalist stance and the framework of class struggle. The difference is that gender feminism, the New Left, and their ideological heir have redefined the antagonists.

Riots (unlike peaceful protests) are economically disastrous for inner cities. They also tend to create blowback against the people the riots claim to be defending.

If you like high taxes, crony capitalism, central banking, and a central authority that can regulate everything you do, thank Alexander Hamilton.

Kendall, a leading twentieth-century conservative, admired Rousseau and thought it was a good thing that Rousseau's "general will" of the people suppresses freedom of opinion.

The disputed election of 1876 could have led to another civil war. Fortunately, civilian institutions intervened to create a compromise, and the military was kept out of it.

It becomes clear that ramping up inflation is a tool for those who wish to overthrow the existing economic and social order—to get rid of what little is left of the free market system.