Mises Wire

Fetter's neglected work is the source of some of the greatest insights in Austrian economics, and deeply influenced Mises, Rothbard, and others.

Jerry Taylor, the president of the Niskanen Center, says that libertarians should support the welfare state. In doing so, he adopts the conception of liberty standard among socialists.

Joseph Salerno joins Tom Woods on the Tom Woods Show to discuss Murray Rothbard, his legacy and the release of the Mises Institute's new Rothbard Reader.

Money, Bank Credit, and Economic Cycles by Jesús Huerta de Soto is now available to the Japanese audience and is part of the global spread of Austrian economics.

Is there anything the state won't micromanage? Back in the 1970s, the Feds passed "emergency" legislation imposing daylight saving time. We're still living with this pointless and annoying mandate today.

Back in January, ECB President Mario Draghi doubled down on his earlier commitment to do "whatever it takes" to prop up the European economy with easy money. He wasn't joking.

Recognizing they have little chance of changing the outcome, people often vote to send a message about themselves. But, whatever the motivation, voting contrasts sharply with market choices where people actually bear the costs of their own decisions.

In a recent article at The Atlantic, libertarianism was singled out and criticized for valuing freedom more than justice. David Gordon explains that libertarianism doesn't value freedom more than justice. It defines justice differently.

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.

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