Mises Wire

As markets settle down after the last set of bank failures, political elites claim the crisis is behind us. But it is not over, not by a long shot.

American politicians are beating war drums. They forget that bad relations are costly in many ways.

There is a concerted effort in the legacy press to paint a picture of Jack Teixeira as an antigovernment Trump-loving right-winger who is undeserving of whistleblower protections.

Justice Oliver Wendell Holmes famously claimed that taxes were the price people paid for civilized society. The problem is that taxes themselves are antisocial.

The passage of an income tax in the early twentieth century was an enormous shift toward a far more centralized and powerful US state.

If the dollar does lose its position as the global reserve currency, it will be catastrophic for the American economy.

Although equality and "equity" are modern buzzwords, the only way to reach such a social nirvana is through violent means. Do we really want to go there?

Not only does the Great Reset promise us better weather and happiness (while owning nothing), it also promises to transform humanity itself. Some of us are not so sure.

To normal people the idea of peace breaking out in the Middle East is a wonderful thing. But Washington is anything but normal.

Even when currency is backed by gold, governments have many political reasons to pursue national, territorial currencies. Now there are hundreds of national currencies. It didn't have to be this way.