Mises Wire

There is no danger of China truly freeing its economy and thus really rivaling America's more market-based system. 

Ludwig von Mises explores ways of dealing with nationalism and conflict among linguistic minorities through the use of political confederation. 

While the Chinese state is moving more toward autocratic rule, the importance of fighting for economic freedom remains as important as ever. 

Even without the Bill of Rights, the federal government has no legitimate authority to control what people read or what people own, including books and guns. 

Like Mises, Rothbard has inspired millions with his vision of the free society.

A major catalyst behind the collapse of the Bretton Woods system was the loose monetary policies of the US central bank, which pushed the price of gold in the gold market above the official $35 per ounce.

Having failed to make an economic argument for tariffs, the White House is relying on a dubious national-defense argument instead. 

Robert Reich isn't interested in economics. His pronouncements are simply clarion calls to destroy wealth and spread poverty.

If a currency can't be converted on demand into the underlying commodity, it's not "backed" by that commodity. 

Protectionism may provide some short-term benefits to a small number of special interests, but at much greater costs to the rest of society.