According to Milton Friedman, the Great Depression happened because the Federal Reserve followed a “tight” monetary policy.

A society sustained by coercion contaminates its morality by institutionalizing acts that lack the voluntariness honor requires. By aggressing against its ...

There is a simple way for housing markets to adjust to the new realities of higher interest rates. Prices need to come down. That's how markets are supposed to ...

In 2021, The Economist ran an entire number hailing “The Return of Big Government” as the end of the so-called—but inexistent in practice—”austerity” paradigm ...

The Iran war could claim a casualty far more consequential than a missile battery, an air base, or an oil tanker: the petrodollar system.

Liechtenstein is Europe’s wealthiest nation despite its tiny size. A limited state and free trade provide the foundation for ...

Jamaica could have a bright future, but its insistence on pursuing reparations from the West will surely derail any progress ...

In the name of safety, the European Union is attempting to regulate AI despite the fact that its regulators are woefully ignorant about how to do that job ...

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the ...

As we honor that life this week, we hope you will consider making a donation to support our educational efforts. Mises’s life ...

In perhaps the least shocking development of recent years, the latest “principled” conservative splinter group is pushing more taxpayer money for the State of ...

The August personal consumption expenditures price index, the Fed’s main inflation gauge, saw an increase of 3.4%, year over ...