Mises Wire

I’d like to begin by telling you something about how I founded the Mises Institute in 1982 and what we are trying to accomplish.

In an attempt to compete with the Soviet Union by bringing future elite political leaders from Africa to study in US universities, Sen. John Kennedy and the CIA inadvertently spread Marxism here and abroad. One product of this program was bringing Mamdani's Marxist father to the US.

Bob Murphy and Jonathan Newman offer a comprehensive Austrian response to Richard Werner’s claims on the Tucker Carlson Show about banks, money creation, and credit theory.

It was no secret that President Franklin Roosevelt hated Germany and all things German. Heavily influenced by Silas Marcus MacVane, FDR embraced MacVane's left-leaning progressivism.

What use is the Fed's supposed devotion to being "data-driven" when the data itself is unreliable and the Fed is basing its policies on data that is thoroughly wrong?

Understanding any era of history requires the ability to view complex things. 

While Hayek did not write directly about the American Civil War, some of his writings provide insights on the conflict.

The long-awaited biography of William F. Buckley Jr. is hardly worth the wait of thirty years. David Brady, Jr., reviews it, saving our readers the pain of reading themselves.

While it is true that colonial era governments sometimes burned paper money after receiving it in the form of taxation, why they burned the money is for reasons other than what MMT advocates are claiming. In the end, the MMT promoters are telling a false history.

EU Central Bank President Christine Lagarde has declared that anything that might lead to private currencies must be stopped. Yet, as F.A. Hayek noted, one way to confound central banks is through private currencies.