Mises Wire

Alasdair Macleod

Economic growth results from increasing production, and the money supply is always sufficient to foster exchange. The boom-bust cycle only occurs when production is distorted by a growing money supply.

Daniel Lacalle

Debt matters, even if interest rates are low. Increasing debt and spending means lower growth and weaker real wages in the future.

David Gordon

Economist James Buchanan thinks that a state is necessary, because people wouldn't be able to agree on the boundaries of their rights.

Robert Blumen

Proponents of modern monetary theory have come up with their own idiosyncratic definition of savings in support of their theory. But the common usage of the term shows MMT doesn't work the way its supporters think it does.

Brendan Brown

If there is a new dawn, it is for the Sinicization of Europe—China-style stimulus administered alongside a severely ailing financial system kept whole by widespread financial and monetary repression.

Allan Stevo

Cryptocoins aren't entirely anonymous, and the state is hard at work gathering as much information as it can on all crypto users.

Chris Calton

Contrary to the popular narrative that government police establish law and order, there is good reason to believe that the advent of militarized police in the 1800s led to an escalation of riots and political corruption while offering little law or order.

Chris Calton

A survey of the research shows that the science of mask wearing is hardly "settled." And this up-in-the-air nature of it all is a reminder of how immoral it is to impose mandates on people, backed with state violence.

Mihai Macovei

The alleged rise of China to impending global tech dominance is greatly overstated. And US efforts to combat China will only make American companies less competitive.

Roberta A. Modugno

The egalitarian society is pledged to common cultural values resulting in a rigorous homogeneity. Thus, a man who stands in contempt of the prevailing ideology has no rights under the law.