According to popular thinking, the government’s definition of money is of a flexible nature. Sometimes it could be M1, and at other times it could be M2 or some other M money supply. M1 includes currency and demand deposits. M2

Professor Per Bylund of Oklahoma State University, author of How to Think About the Economy joins Jeff and Bob to dissect how economics went so badly wrong. A discipline rooted in theory, axioms, and deduction has devolved into statistics, models,

The recent inflationary episodes in the USA have led to the emergence of several different explanations, ranging from overexpansion of the money supply to supply-side constraints, not to mention the role of rising markups along with price gouging and greed

The move from feudalism to the relatively free capitalist societies occurred slowly, beginning with the emergence of the city-states in Italy in Medieval Europe. Original Article: "The Italian City-Republics Were the Manhattan of the Twelfth Century" This Audio Mises Wire is generously sponsored

The Moral Foundations of Civil Societyby William RöpkeTransaction Publishers, (1948) 1996; xxxvii + 235 pp. In an earlier column, I discussed Wendell Berry’s stress on land and locality, and. among Austrian school economists, Wilhelm Röpke is most sympathetic to these themes.

For all of the political "reforms" being tossed about, the truth is that government is slowly strangling the life out of our society. Original Article: "Political Salvation Is Slow Suicide" This Audio Mises Wire is generously sponsored by Christopher Condon. 

One of the most devastating moments in American history took place on August 6 and August 9, 1945, with the bombings of Hiroshima and Nagasaki. Approximately three hundred thousand civilians, forty-three thousand soldiers, forty-five thousand Korean slave laborers, and over

On January 10, the French government announced plans to raise the retirement age from 62 to 64. The change would mean that after 2027, workers in France would have to work 43 years to qualify for a government pension, instead

The Federal Reserve has created a huge boom full of bubbles. But after the boom must eventually come a bust. Ryan and Tho talk to Mises Institute Senior Fellow Mark Thornton about what to expect from the next recession and

It's only a good time to be a worker in America if one confuses falling real wages and falling full-time employment with robust employment conditions.  Original Article: "Biden Is Lying about the Jobs Data" This Audio Mises Wire is generously sponsored by Christopher Condon.