Mises Wire

America's Defense Budget Is Bigger Than You Think

War and Foreign Policy

Blog05/13/2019

America's "defense" budget is really more than $1.2 trillion, more than double the Pentagon's official "base budget," once we include all the other related spending like that on "homeland security" and veterans affairs.

Read More

Can a Commodity-Money Economy Co-Exist with a Fiat-Money Economy?

Just as unilateral free trade results in a more solid economy for the countries that adopt it — even within an international economy of protectionism in other countries — so would a commodity-money based economy surrounded by fiat-money economies.

Read More

The EU Is "the Embodiment of Bureaucratic Hubris"

Global Economy

The EU retreated from the ideas of free trade, free markets, and competition and turned its attention, resources and intentions towards developing a bureaucratic, regulatory, planning economy approach.

Read More
Shield icon wire