Mises Wire

The Defense Authorization bill should remain notorious. It represents most of what is wrong with Washington.

States are happy with physical cash if they can use technology to make it traceable.

Some US states are taking steps to offer their residents more freedom in the money they use.

The choice between various ways of ‘measuring’ economic variations (and gauging their causes from these measurements) is arbitrary from an economic point of view, and becomes a largely political endeavor.

The number of faults that have been alleged against capitalism are without limit. Few have any merit.

Changing the demographic makeup of central bank officials is tantamount to slapping a food label on a box of rat poison in an effort to make it safe to consume.

The recent lackluster jobs data suggests we've reached the limits of monetary policy.

Small boarding houses once provided affordable housing for a large number of working-class Americans. They're mostly illegal now.

From The Quotable Mises, Ludwig von Mises's best nine quotes on gold and the gold standard.

The claim is made that drug use is immoral, so must therefore be illegal. Should we outlaw every other immoral activity also?