Mises Daily Articles

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Do "Inflationary Expectations" Cause Inflation? Contra Krugman, the Answer Is No

Central BanksThe FedInflationMoney Supply

04/15/2022Mises Media
Paul Krugman recently wrote that the reason we see high inflation is that people mistakenly believe inflation is in our future and act accordingly. This reasoning is false.
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Fetter the Radical

04/14/2022Mises Daily Articles
The hallmark of Frank A. Fetter's approach to economic theory was his "radicalism," writes Murray Rothbard.
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And Now for a Really Bad Response to Political Calamity: Autarky

Economic PolicyProtectionism and Free Trade

04/14/2022Mises Media
The world is in chaos, so politicians MUST do something. Hence, they demand autarky, which is like attempting to put out a fire by pouring gasoline on it.
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The Wrong Elites

Media and CulturePhilosophyProgressivismStrategyPolitical Theory

04/14/2022Mises Media
Russian oligarchs, American pols, and state-connected billionaires are all cut from the same cloth: they didn't earn, or fully earn, their wealth and position in society. We must withdraw our sanction of these people.
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The Nature of Man and His Government

04/13/2022Mises Daily Articles
Here is Robert LeFevre's classic argument for a purely free society, the essay that made him a leading, if controversial, spokesman for the libertarian position on government and society.
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The Fed Can't Fix the Economy, but It Can Break It

Booms and BustsCentral BanksThe FedInflationBusiness Cycles

04/13/2022Mises Media
Despite assurances from politicians and the media, the Federal Reserve System is not a collection of geniuses who stand guard against inflation and recession. Instead, think of the Fed policy makers as the Keystone Cops of central banking.
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If Ukraine Joins the EU, It Will Be the Poorest Member by Far

World History

04/13/2022Mises Media
Ukraine should have been a middle-income country by now. Instead, it is one of the poorest in Europe. If Ukraine joined the EU, it would be the poorest country and well below even Bulgaria.
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Abuelo Willcke: editorial sin firma de Mises para el New York Times

04/12/2022Mises Daily Articles
Mises escribió su primer editorial en el New York Times en marzo de 1941.
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Grandfather Willcke: Mises's Unsigned Editorial for the New York Times

04/12/2022Mises Daily Articles
Mises wrote his first New York Times editorial in March 1941.
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Why It's Looking More like the 1970s than the 1950s.

U.S. EconomyWorld History

04/12/2022Mises Media
It is theoretically possible that through huge gains in productivity, the US could escape inflation and stave off a recession. But don’t count on it.
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