Mises Wire

Many US states by themselves have large economies when viewed in a global context. Texas by itself has an economy the size of Australia's.

Negative rates will fail because the problem with the economy is not a problem of too little consumption or demand. The problem stems from a distorted economy caused by manipulated interest rates.

There's no reason for an ordinary person to know who he was since most people are completely powerless in the selection, decision-making, and retention of federal judges.

With the past year's events fully understood and in context we can now make a more sound evaluation of what Saudi Arabia and OPEC might do next.

With so little time between the denial of even considering negative rates and the actual implementation of rates, one is left wondering,"Why the change of heart?"

As Martin Armstrong reports, the new version of the venerable board game "Monopoly" set to be released this summer is completely cashless.

Compared to the golden age of innovation, now maligned as the "Gilded Age," technological innovation has slowed considerably. But, it doesn't have to be this way, if we can only get the state out of the way.

With the death of Supreme Court Justice Antonin Scalia, the various 2016 presidential campaigns have been thrown a serious curve ball.

If you think such proposals are far-fetched and would be opposed by the public, you obviously haven't been paying attention to the massive populist anger at Wall Street.

The current frenzy over the vacancy on the Supreme Court in the wake of Scalia’s death should be enough to make it clear to even the most naïve observer that the Supreme Court is a partisan and political institution, and nothing like the group of disinterested non-political sages that we are supposed to believe the court to be.