Mises Wire

The reasons why digital currencies are a bad idea are the same reasons why central banks are sure to implement them.

Socialist regimes under the Soviets and the National Socialists silenced scientific theories that appeared to contradict the regime's ideological dogmas. The modern politicization of science is going down that road.

Contra Marx, Mises understood that human desires and needs are not determined merely by biology. 

Private firearms ownership decentralizes coercive power, transferring some of it from the state to the private individual. Naturally, political regimes oppose this. But even many non-Americans embrace private arms. 

If the word “free” is to have any meaning, it should mean something more than whatever freedom remains after the government has finished restricting it.

Although many central bankers have claimed the central banks are instrumental in ushering in a more green economy, a closer look suggests the opposite is true.

Not only is taxation theft, but by taking away part of the money you earn, the government is forcing you to work for it.

It's not a coincidence that the wealth of the top 1 percent began to really take off when the US ended the last remnants of the gold standard in 1973. 

Government planners have embraced a materialistic view of human beings which cheapens the importance of family and social events. These "experts" fail to understand what being human really means. 

If people want to dismiss this school of thought, which many seem inclined to do for political (not theoretical) reasons, at least they should do so based on facts and knowledge, not on falsehoods.