Mises Daily Articles

Displaying 1 - 10 of 591

Who Has Better Ethics, the Social Security System or Bernie Madoff?

Big GovernmentEconomic FreedomU.S. Economy

12/08/2022Mises Media
Nearly everyone has heard of Bernie Madoff and rightly associates his name with financial fraud. Yet, the Social Security system is built on a Ponzi scheme similar to what Madoff created.
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Who Pays Wealth Tax: The Rich or the Poor?

CapitalismLabor and WagesTaxes and Spending

12/05/2022Mises Media
Spain's government is attempting to levy a wealth tax ostensibly to be "in solidarity with the poor." Because wealth taxes ultimately help lower real wages, there will be more poor people to share in the "solidarity."
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Why Did Trussonomics Fail So Quickly?

Big GovernmentEconomic Policy

12/03/2022Mises Media
Liz Truss sought to be another Margaret Thatcher, but her ballyhooed budget numbers did not add up.
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Will Global Rate Hikes Set Off a Global Debt Bomb?

Central BanksFinancial MarketsMoney and Banks

11/28/2022Mises Media
All of the excess of unproductive debt issued during the period of complacency will exacerbate the problem in 2023 and 2024.
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Without Easy Money, the Tech Sector Faces Layoffs and Losses

Booms and BustsProgressivismU.S. Economy

11/27/2022Mises Media
Cheap money in the last decade has meant good times for companies that barely make money and hire employees who barely work. But those times are now ending.
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World War I: The Great War Was also the Great Enabler of Progressive Governance

The FedU.S. HistoryWar and Foreign Policy

11/23/2022Mises Media
Historians praise the US entry into World War I because it enabled an Allied victory. But it also led to the economic disasters of the 1920s and ’30s.
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What I Learned from my Grandfather about Money

Monetary PolicyU.S. History

11/22/2022Mises Media
The author recalls the 1922 peace dollar his grandfather gave him sixty years ago. Real money.
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World Dollar Hegemony Is Ending (and That May Be a Good Thing)

InflationWar and Foreign Policy

11/16/2022Mises Media
The dollar's petrodollar status has led the Federal Reserve to irresponsibly inflate the currency. The rest of the world has noticed and is looking for alternatives.
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Why Proposition 13 and Attacking It Are Both Popular

Big GovernmentBureaucracy and RegulationProtectionism and Free TradeTaxes and Spending

11/04/2022Mises Media
More than forty years ago, California voters enthusiastically passed Proposition 13, which limited property tax hikes. Politicians have been lying about it ever since.
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Without Easy Money from the Fed, Home Prices Will Keep Falling

The FedInflationU.S. Economy

10/28/2022Mises Media
Home price growth of the sort we've seen in recent years simply cannot be sustained without a continued commitment to easy money from the central bank, and it shows.
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