Mises Wire

As this election cycle has demonstrated yet again, Democrats are not shy about calling for tax increases. Republicans, on the other hand, like to pledge to not raise taxes. But, limits on taxes are only of value if government spending is curtailed at the same time.

Congressman Jeb Hensarling mentions Hayek's Fatal Conceit regarding the Fed bureaucracy's ability to manage money and interest rates. 

With Bernie Sander’s large victory over Hillary Clinton, he’s signaled he’ll be a headache for Clinton and the party elites, for

Thanks to Hunter Lewis, the Mises Institute can now offer three new books free and online at m

Only ideas can overcome ideas and it is only the ideas of Capitalism and of [Classical] Liberalism that can overcome Socialism. Only by a battle of ideas can a decision be reached.

Even the Fed, which has for years been describing the economy as "expanding at a moderate pace," and which a few months back was saying it was "hawkish," has, through Janet Yellen's testimony today, been forced to admit that a rate cut may again be on the horizon.

Global markets are showing they can't handle even a tiny bit of tightening by the Federal Reserve, and other central banks are doubling down on rock-bottom interest rates. After six years of "recovery" can we ever abandon endless easy money?

Peyton Manning Just Save the Super Bowl Indicator?

One of the nice things about Bernie Sanders is that he seems to be honestly saying flat-out that he plans to massively increase the size of government.

It's long been common knowledge among advocates for limited government that the best thing to hope for is "gridlock" in DC where one party controls the White House and the other party controls the Congress.