Federal Reserve officials, for all of their alleged wisdom and education, have a knowledge problem. Hayek and other Austrians could have told them their grandiose plans will fail. Original Article: "The Federal Reserve's (Permanent) Knowledge Problem​" This Audio Mises Wire is generously sponsored

According to Wikipedia, Bernie Madoff ran the world’s largest Ponzi scheme. The losses were estimated to be as high as $65 billion. Madoff had promised to invest his customers’ money in productive enterprises and pay them generous returns, when in fact

The international system we live in today is a system composed of numerous states. There are, in fact, about two hundred of them, most of which exercise a substantial amount of autonomy and sovereignty. They are functionally independent states. Moreover,

Is there a case to be made for universal basic income? David Gordon examines the pro-UBI arguments by philosopher Matt Zwolinski. Original Article: "To UBI or Not to UBI, That Is the Question" This Audio Mises Wire is generously sponsored by Christopher Condon. 

The Conservative AffirmationBy Willmoore KendallRegnery, 2022 (Originally published in 1963)lxix + 362 pp. Willmoore Kendall was the most important political theorist of the brand of conservatism associated with William F. Buckley Jr.’s National Review during the 1950s and 1960s. To some

There’s an idea rooted among some libertarians that the Federal Reserve was originally a sound institution but has grown corrupt. As a bankers’ bank, it was fine, they believe, but not as the monster it has grown to be. If

Supporters of US microchip policy against China claim the policy is "strategic," but in reality, it is old-fashioned protectionism with all the usual economic damage. Original Article: "The US Chip Blockade against China Is Creating Unplanned Consequences" This Audio Mises Wire is generously sponsored by

Both the US Senate and the House of Representatives are expected to pass new same-sex marriage legislation in coming days. The legislation is expected to codify what is already de facto law in the US under the US Supreme Court's ruling

The yearly growth rate of the Consumer Price Index (CPI) fell to 7.7 percent in October from 8.2 percent in September. Note that in October 2021 the yearly growth rate stood at 6.2 percent. Some experts are of the view