Mises Wire

Europe's path to long-term stagnation should serve as a reminder for the United States, again, of why it is not advisable to follow the eurozone policies. The results are invariably disastrous.

In a free market, goods pass to those who are willing to pay the most to get them. A legal system that allows people to bid against each another for the goods they want displays equal concern for its citizens.

Despite double-digit unemployment rates, banks are keeping loan-loss provisions low, no doubt assuming Uncle Sam will keep everyone’s boat afloat. But all good things come to an end.

Syndicalism is a method of attack by organized labor for the attainment of certain political ends. It requires widespread acts of destruction on "capitalist" institutions as a means of ushering in a socialist regime.

As confidence in the dollar falls, Americans put more of their money in gold, silver, and cryptocurrencies. State governments can help this process along by deregulating sound money.

We’re in a terminal debt spiral. The only question is how long it will last until the patient succumbs.

During July 2020, year-over-year (YOY) growth in the money supply was at 36.9 percent. That's up from June's rate of 34.4 percent, and up from July 2019's rate of 2.21 percent.

Homeowners believe their property rights extend far beyond their property lines. They want to dictate who lives near them, how much money their neighbors make, and what the houses in their neighborhood look like.

Negative interest rates lead to zombie firms, rampant consumerism, and growing obstacles to entrepreneurship. 

What kind of liberalism are we talking about?