Mises Wire

Even if the central bank were to be successful in preventing the fall of the money stock, this would not be able to prevent a depression if the pool of real savings is declining.

A single vote on the Fed's policymaking committees wouldn't make any real difference. On the other hand, the Fed will brook no dissent from the official media and academic narrative. 

Klaus Schwab of the World Economic Forum has big plans for a "sustainable" future. Most of it involves the destruction of markets and basic human rights.

“What is the one thing that brings Republicans and Democrats together?” Rand Paul asked reporters. “War—they love it."

"While many academics in the developing world view economics as a zero-sum game, I never entertained the argument that wealth is necessarily due to exploitation."

The fact that prices are rising in a pandemic crisis is not a sign of success. It is evidence of central bankers' miserable failure and hurts every consumer who has seen revenues collapse by 10 or 20 percent.

In this outstanding study, Stephen Wertheim shows that both views that dominate American foreign policy are wrong. In doing so, he vindicates for our time the merits of a noninterventionist foreign policy.

Remember savings bonds? They were popular before the central bank made sure that safe, low-interest investments became a thing of the past. 

GDP fails to account for many measures of quality of life, such as personal safety, the local climate, leisure time, and more.

We are witnessing the governmentalization of private industry, the turning of supposedly private enterprises into state apparatuses, and the growth of the state through putatively private extensions of it.