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In a free market, short-term and long-term rates would move toward convergence. Fed interference with interest rates ensures that won't happen. Original Article: "Federal Reserve Tampering with Interest Rates Distorts the Shape of the Yield Curve" This Audio Mises Wire is generously sponsored by

President Biden's nonsolution of partial "debt forgiveness" is in limbo, but the slow financial destruction that massive student loan debt is unleashing continues. Original Article: "Student Loan Debt: The Financial Time Bomb Politicians Want to Ignore" This Audio Mises Wire is generously sponsored

It is relatively common that what should be recognized as a warning flag of major trouble is often ignored until things get so bad that it is almost impossible not to notice (unless one is mightily determined not to see

Elon Musk’s takeover of Twitter and his immediate firing of top brass represents a potential weakening of the Big Digital woke cartel that controls information, censers content, censures and bans users, and serves as a propaganda arm of leftist totalitarian

Following in the footsteps of John Maynard Keynes, most economists hold that one cannot have complete trust in a market economy, which is seen as inherently unstable. If left free, the market economy could lead to self-destruction, hence the need

(Barthelemy) Charles (Pierre Joseph) Dunoyer (1786–1862) was born on May 20, 1786 at Carennac in ancient Turenne (Quercy, Cahorsin), the present-day Lot. His father, Jean-Jacques- Philippe Dunoyer, was seigneur de Segonzac. Destined at an early age for the order of

Law Professor David Bernstein looks at the system of racial classifications in the USA and explains why they have been harmful. Original Article: "Review of Classified: The Untold Story of Racial Classification in America" This Audio Mises Wire is generously sponsored by Christopher Condon.

After following hyper-Keynesian policies for more than two decades, the Fed is about to create the conditions that Keynesians claimed were impossible: an inflationary recession. Original Article: "The Fed's Current Monetary Stance Will Lead to Stagflation, Not Deflation" This Audio Mises Wire is

War dissenters are branded "Putinists" by the foreign policy elites who casually flirt with nuclear war. But preferring negotiations to World War III hardly makes one a Putin sympathizer. Original Article: "It's Time to Abandon America's Fetish for "Unconditional Surrender"" This Audio Mises Wire

Since the awarding of the Nobel Prize in economics to Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig, most of the media interest has, understandably, concentrated on Bernanke. Mark Thornton wrote a scathing takedown of bailout Ben, while