Mises Wire

Gary Galles
There's no way to square the coercive positive rights of “social justice” with the concept of “liberty and justice for all.”
Ryan McMaken
Cabinet-level departments enjoy more political prestige than other agencies. Getting rid of them is first step in cutting back federal spending.
Carmen Elena Dorobăț
No truth is small enough to be sacrificed in the game of political compromise.
Antony P. Mueller

Unlike commodity money, fiat currencies allow persistent trade imbalances which cause grave discrepancies in income, consumption, and investment.

Matthew McCaffrey
Just taking a moment to be cheerful is a powerful remedy from the misery of politics: in fact, such simple resistance is an almost revolutionary act.
C.Jay Engel

The FOMC minutes revealed a Fed that doesn't know what to do, but pretends like everything's under control.

Ryan McMaken
Now that his career at the Fed is over, Alan Greenspan remembers what he already knew about gold and the gold standard.
Alice Salles
The Brazilian government spent billions on facilities and infrastructure for the 2016 Olympics. Now, the taxpayers wonder what it was all for.
Karl-Friedrich Israel
No justification for central banks erases the fact that the central banks are creatures of power politics rather than economic reason.
Matthew McCaffrey
Central planning implies eugenics, and eugenics in turn is a kind of central planning.