Mises Wire

Central banks and monetary policy are keeping old Soviet dreams of central planning alive. 

This week’s Iowa caucuses mean that election season has officially begun. While the names may change, the spectacle every four years represents the triumph of compulsion over cooperation.

Politics operates according to principles that would horrify us if we observed them in our private lives, and would get us arrested if we lived by them. The state can steal and call it taxation, kill and call it war.

Mises knew the war on cash is part of the larger scheme through which governments cover their tracks in terms of monetary policy and prop up the banking system.

Former baseball player José Canseco is no fan.

Lately, the Fed has been more and more involved in directly funding the Federal government by handing over Fed revenues to the Treasury. In fact, the Fed is handing over enough money to fund the entire food stamp program, and then some.

Will the libertarian message get swept under the rug over the next year, as the candidates unleash an orgy of statist rhetoric?

The Virginia Tech Professor who blew the whistle on lead in the water in Flint, MI thinks "public science" has been broken. Not knowing its been a broken system all along.

It should come as no surprise that the German government has finally succumbed to the pressure to join the global War on Cash.