Mises Wire

Politicians like Bernie Sanders find electoral success demonizing a rigged economy they bear personal responsibility for creating.

Laissez faire means: Let the common man choose and act; do not force him to yield to a dictator.

Asking wealthy elites to provide opinions about central banking generally results in reticence on their part. After all, many billionaires became rich or stay rich only because the global economy has been "financialized".

While the declining trend growth in money supply is bad news for bubbles, it is actually great news for wealth generators.

Human beings like to form cooperative groups to achieve various ends. Research has shown, however, that there are limits to the size and nature of these groups, and this is why the state so often turns to violence.

Bernie Sanders has been compared to Ron Paul because both men have waged insurgent campaigns. But that is where the comparisons should end, as Sanders really just offers a ramped up version of the status quo.

Food stamps were near and all-time high in 2015. They remain high thanks to a weak economy and a large expansion of the program during the Bush and Obama years.

In a remarkable TV interview, Otmar Issing, the former Chief Economist of the European Central Bank and a former member of its Board, dismisses negative interest rates as a solution to what ails Europe.

The BIS has just released a research report questioning whether negative interest rates are effective in achieving policymakers' goals of staving off a (phantom) deflation without adversely impacting the financial sector and the overall economy.

Putting an end to inflation requires not only the abolition of the Fed but also the abolition of the FDIC and FSLIC.