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With inflation making workers poorer, and with midterm elections looming, Janet Yellen is doing damage control by arguing over the definition of "recession." Original Article: "Yellen: "Recession" Doesn't Mean What You Think It Means" This Audio Mises Wire is generously sponsored by

In many cultures, profit is seen as the result of individuals exploiting other individuals. Profits, however, have nothing to do with exploitation. Instead, they reflect the actions of entrepreneurs who supply consumers in the most efficient ways with valued products. For

Has economics fallen to politics? Court economists like Paul Krugman–we might call them "regime economists"–represent a profession in big trouble. Jeff and Bob discuss. Michael Tanner, "PIketty Gets it Wrong": Mises.org/HAP355-1 Bob Murphy on the economics establishment vs. Judy Shelton: Mises.org/HAP355-2 Jeff Deist

Forget Biden's claim that his government is "fighting inflation." His government is creating inflation, and in so doing robbing people of their savings and earnings. Original Article: "Inflation Takings Require Just Compensation: Slash Governments!" This Audio Mises Wire is generously sponsored by Christopher

Although I am excited about the prospects for liberty potentially offered by the populist Right, I find their misunderstandings regarding international trade frustrating. And their skepticism of trade isn’t a nuanced critique, say, of trade policy with China and the vulnerabilities

Come next January, Alabama will be the 25th state to allow the carrying of concealed weapons without a permit. Alabama will soon join Indiana which in March of this year passed a new statute allowing permitless concealed carry in that state—sometimes

As political divisions worsen in the United States, one remedy besides secession might be to create semiautonomous regional territories. Original Article: "Regional Territories: A Decentralization Plan for the USA" This Audio Mises Wire is generously sponsored by Christopher Condon. 

I remember a German farmer expressing as much in a few words as the whole subject requires; "money is money, and paper is paper." All the invention of man cannot make them otherwise. The alchemist may cease his labors, and the

(This speech was given at Wabash College at a conference on the humane economy by Professor Ralph Raico, August 1964. It was found in the Raico Papers in the Mises Institute archives and has never been published before.) I In recent years

Since the beginning of 2021, the US dollar has appreciated noticeably against many world currencies. There are many reasons for this. In times of elevated economic and political uncertainty, investors increasingly favor the greenback, which they still consider a "safe