Mises Wire

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.

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.

Libertarians should celebrate the death of the myth of democratic consensus.

Watch Bob Murphy's talk from last weekend's Mises Circle in Houston.

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.

The public has been successfully conditioned to view the use of cash as something suspicious. Meanwhile, thanks to growing pressure from government, private business now often considers cash to be more trouble than it's worth.

Joe Salerno's article, "A Reformulation of Austrian Business Cycle Theory in Light of the Financial Crisis," is now available in a Polish translation.