Mises Wire

Many encounters will police escalate to the point of violence because the list of criminal offenses is so long, and the penalties are so draconian.

Minimum wage laws increase joblessness, so French and German workers use minimum wages to drive Eastern European workers out of the market.

Our monetary system favors those who are already-wealthy at the expense of those who are only beginning the wealth-building process.

An "I voted" sticker is no substitute for a simple receipt.

Italy is on the brink of a full-blown banking crisis.

James Grant has shown us how the only sure cure for depression is deflation and liquidation of overblown resource and asset prices.

There are two sets of rules that function in America. One set for the political class, and another set for everyone else.

The delinquency rate is an indicator for "credit stress," but few are paying attention to its sudden rise. Is a new banking crisis imminent?

Nearly everywhere on the planet the giant financial bubbles created by the central banks during the last two decades are fracturing.

This week has been marked by devastating illustrations of why so much of the public distrusts the institutions of the state.