Mises Wire

The average American has no memory of the gold standard or even the stagflation of the 1970s. The collective mindset is now the classic “kick the can down the road.”

Decentralization is perhaps the way for Bolivia to avoid the preventable evils of repeated coups and ethnic strife that have ensnared it since day one.

Mises University is happening now! Not a watered-down online version, but a full-fledged Mises Institute live event.

While collectivism was implied in Sismondi’s idea of a “general interest,” Owen and Fourier offered the first formal expression of full socialist collectivization.

Family policy has become an important area of ​​state growth in recent years. In the past, various state interventions served to protect the family (tax privileges, child benefits, etc.), but today’s politics are almost exclusively harmful to the family.

Our government is forever whining about, threatening against, high drug prices. Our pharmaceutical industry is “fighting” the Chinese in this economic “war” with both its hands tied behind its back.

The Supreme Court this week limited a state government's control over what is supposed to be a sovereign Indian tribe. The next step lies in limiting federal control over the tribe also. 

Henry David Thoreau left behind many great admonitions. Alas, philosophical gems are not legal tender when rent is due.

There are at least four good reasons for removing Wilson’s name from Princeton buildings—racial bigotry, his embroiling the US in World War I, his founding of the Fed, and his enactment of the US income tax.

In order to produce capital goods, and hence more consumer goods, we must first forego current consumption. That is, we must save now to have more later.