Mises Wire

Economics, Entrepreneurship and the NFL Draft


Blog5 hours ago

Whether it be the owner, the general manager, or the head coach, whomever has the final say on draft day is making a judgment in the face of uncertainty that they hope will benefit their organization.

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Global Warming Activists Want to Make Food More Expensive

Blog6 hours ago

The Danish government wants to tax red meat. The next step? Tax all food.

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With Fiat Money, Everything Is Relative

Money and BanksMoney and Banking

Blog18 hours ago

In determining the value of a currency, we must look to relative growth in the money supply, and relative purchasing power.

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Fed Holds Rates Steady

The Fed


We wouldn't expect much market reaction to today's announcement, as it was already expected and should have been priced in.

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Dennis Hastert Sentenced to 15 Months for Non-Crime of Improper Cash Withdrawals

Legal SystemThe Police State


Dennis Hastert may have committed many despicable crimes. Withdrawing "too much" money from a bank isn't one of them.


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Why Socialism Will Always Fail

Calculation and KnowledgeProduction TheoryValue and Exchange


The paradox of "planning" is that it cannot plan, because of the absence of economic calculation.

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