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Neosocialist China does it, Sweden does it, and many other states want to do it, too: to issue digitized central bank money for everyone. The European Central Bank (ECB) is also working on such a scheme. It wants to launch

The corona crisis has intensified the discussion about the zombification of the economy; enterprises have become more dependent on government bailouts, loans, subsidies, short-time working benefits, and loans from central banks. Governments around the world claim the measures to be

On February 4, 2021, Democrats in the House and Senate introduced the Protecting the Right to Organize (PRO) Act. Like many names in Washington, this one is an Orwellian misnomer that does the exact opposite of what it claims to

Murray Rothbard and other libertarians support self-ownership. Part of being a self-owner is that no one may physically harm your body without your consent, unless you first violate someone else’s rights. David Friedman raised a famous objection to this principle,

In a 2019 article, Bob quoted Mises who believed that new gold discoveries, in principle, could cause a (small) boom-bust cycle if the gold hit the loan market before other sectors. Walter Block and Bill Barnett have responded in a

James Grant is editor of Grant’s Interest Rate Observer, which he founded in 1983. He is the author of nine books, including Money of the Mind, The Trouble with Prosperity, John Adams: Party of One, The Forgotten Depression, and more

Prudent economic calculation becomes more difficult as legal and regulatory regimes are subject to frequent changes and political upheaval.  Original Article: "Want More Entrepreneurship? Embrace Long-Term Legal Stability." This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.  

The latest impeachment saga simply confirms Thomas Paine’s adage: “The trade of governing has always been monopolized by the most ignorant and the most rascally individuals of mankind.” Score another victory for the Swamp. Original Article: "The Biggest Lies of the

These days, it sure looks like they have them right where they want them. Using the storming of the Capitol Building as a pretext, the media-government alliance has targeted Trump, his supporters, and their fellow travelers harder than ever before.

Review of Walter Scheidel, Escape from Rome: The Failure of Empire and the Road to Prosperity (Princeton, NJ: Princeton University Press, 2019) The Roman Empire is often presented as the fabric of Western civilization. The languages, laws, religion, mores, and implements