Mises Wire

Frank Shostak
This increase in the money supply — not changes in prices — is what sets in motion the misallocation of resources.
Laurence M. Vance
Some freedom is better than no freedom, but the lengths to which governments will go to regulate legal marijuana is amazing.
Mises Institute
Now in mailboxes, the May-June issue of The Austrian is also now online.
Matthew McCaffrey
The classical liberals knew the only way to avoid the cycle of war is to oppose imperialism and to advocate peaceful commerce between nations.
C.Jay Engel

The ECB's policy statement was meant to communicate that everything was going strong, but not strong enough to slow down the monetary expansion.

Blaine Conzatti
Higher energy costs mean less money for raising wages for workers, hiring new employees, purchasing more inventory, or investing in capital.
Nick Giambruno
Italy is a weak link in the eurozone economy that points toward both economic and political disintegration in the future.
Ludwig von Mises
Economics has shown the alleged blessings of an abundance of money are the outcome of crass errors in reasoning.
Ryan McMaken
Local governments could go to the taxpayers and ask for more revenue to fight crime. But, it's much easier to seize it from innocent suspects instead.
Chris Calton
Before endorsing a legal system, libertarians must first figure out what justice is. The natural-law framework is one way of figuring this out.