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The Law of Necessity

No matter how “inelastic” the demand, excessively high prices cannot persist indefinitely without human action.

Fed Governor Stephen Miran wants to cut the interest rate by 200 basis points

Miran wants to fire up the Fed money printers. He absurdly believes Fed policy is " well into restrictive territory."

Fed Governor Stephen Miran wants to cut the interest rate by 200 basis points

Miran wants to fire up the Fed money printers. He absurdly believes Fed policy is " well into restrictive territory."

Will Private Defense Agencies Wage War—or Keep the Peace?

A common objection to Anarcho-Capitalism is that only the state can offer workable defense services to people through police and the armed

Bringing the Truth

The best people in the world support the Mises Institute. Will you join them?

If Socialists Actually Understood Socialism

Hayek once remarked, “If socialists understood economics, they wouldn’t be socialists.” Building on this, if socialists understood socialism, they wouldn’t be socialists.

How Democracy Fuels Senseless Violence

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Do Fed-Induced Lower Interest Rates Promote Economic Growth?

Lower interest rates can help promote economic growth—as long as those rates are determined by the market and not by political edict.

The True Nature of Scandinavian “Socialism”

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