The Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday raised the target policy interest rate (the federal funds rate) to 4.75 percent, an increase of 25 basis points. With this latest increase, the target has increased 4.5 percent since

True story: Many weekends during my studies in Changzhou, China, my friends and I would go out to have a drink only to realize that our favorite bar was not open that night. In fact, all of the city’s clubs

What at first seem like gifts from the state (handouts for some at the expense of others) lead to unfortunate events that cannot be stopped once begun. Original Article: "Corporate Welfare for Farmers Is Swell until It's Not: The Case of Arizona Reservoirs" This

Relief is spreading among economic analysts and stock market experts. Energy prices are decreasing noticeably. The energy supply this winter seems secure; in Europe, government support for consumers and producers is available if needed. China is turning away from its

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Fiat money is the fuel of the modern Leviathan state. If we wish to have freedom, we must have sound money. Original Article: "The Modern State Cannot Exist without Fiat Money" This Audio Mises Wire is generously sponsored by Christopher Condon. 

The macroeconomic situation in Japan seems to be coming to a head. When the Bank of Japan, under its President Haruhiko Kuroda, announced on December 20, 2022, that it would raise its interest rate ceiling on ten-year Japanese government bonds

Government interference into money creation and production harms the economy in a number of ways, including skewing the organization of division of labor. Original Article: "Fiat Money Inflation Not Only Raises Prices but Also Undermines Division of Labor" This Audio Mises Wire is