Mises Wire

The Federal Reserve says it can manipulate the money supply to ensure “price stability.” This worsens the boom-bust cycles and undermines the economy.

Created as a sop to the teachers‘ unions, the Department has presided over huge declines in student academic performances and has played a vital role in politicizing formal learning at all levels. 

Dr. Gary Schlarbaum, one of our generous supporters, has again offered to match donations received through December 9. For the last ten years, Gary has kickstarted our year-end campaign with his matching gift. He's ready to match your gift today! 

Bob reacts to Bryan Caplan's current views, arguing that the history of economic thought is indeed important, and the Misesian approach to praxeology is crucial.

The damage tariffs impose is not limited to increasing consumer prices. They also create major distortions in the markets.

Walter Block has attempted to reconfigure libertarian thinking in regards to self-defense. Unfortunately, his theories are illogical, Orwellian, and conflict with Murray Rothbard‘s clear thinking on the issue.

The First World War was critical to boosting the influence of that child of progressivism and Wall Street corporatism: the Federal Reserve System. 

Puzder supports what is today called “enlightened shareholder values,” according to which shareholders want “woke” goals. 

We hear of many schemes to promote government "efficiency." The problem is that the very nature of government makes “efficiency” impossible.

When government agents intervene into the economy, they do so without even understanding how market processes work in the first place. This lack of knowledge makes things even worse, as regulators are not even aware of the damage they are causing.