Because people strive to improve their condition, they exchange goods and, in this sense, they create the necessary conditions for the emergence of prices. Prices are simply an unintended consequence of the human quest to improve one's life. Original Article: "Where Prices Come From: Menger Explains" This

There won't be a taper tantrum if the Fed seriously moves toward tapering. Investors now understand how the game works. Tapering doesn't actually mean the end of monetary inflation, and everyone knows it. Original Article: "Don't Be Fooled by the Fed's Taper Talk" This Audio Mises Wire

Many Lithuanian politicians are embracing outright segregation of unvaccinated Lithuanians. Fortunately, many Lithuanians are resisting. This fight is not about opposing vaccines, but about protecting basic freedom of choice. Original Article: "Lithuania's Crackdown on the Unvaccinated" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated

Eleven states ban happy hour. These laws restrict the sale of alcohol at discounted prices during specially designated times. Unfortunately, many citizens regard these backdoor price controls as perfectly legit. Original Article: "Happy Hour May Be Getting a Little Happier" This Audio Mises Wire is generously sponsored

The “transitory” inflation swamping the country has stubbornly persisted into July.  Producer prices posted a second straight 1 percent month-over-month increase, which brought the full-year number to a record 7.8 percent. Twelve-month US export prices rose 17.2 percent, and nearly 22 percent if the rate of the

“You gather the idea that Mauritius was made first, and then heaven; and that heaven was copied after Mauritius.”– Mark Twain Since its rebirth as an independent state in 1968, this paradisaic island has been touted as a paragon of democratic political institutions promoting rapid economic