Mises Daily Articles

Displaying 1 - 10 of 2048

The Bank of England: Money Creation in Their Own Words

InflationMonetary PolicyMoney and BanksWorld History

03/27/2023Mises Media
Central banks usually don't admit their guilt in the destruction of money, but the Bank of England unwittingly comes clean.
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The Fear of Mass Unemployment Due to Artificial Intelligence and Robotics Is Unfounded

CapitalismU.S. Economy

03/23/2023Mises Media
Ever since the Luddites rampaged through British textile factories in the early 1800s, people have feared that technology will result in mass unemployment. They were wrong then and are wrong now.
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The Theory and Practice of Conspiracy

Cronyism and CorporatismPoliticsWorld History

03/22/2023Mises Media
Collusion was a way of life with state-chartered enterprises. Little has changed, as firms with political connections still gain profits from their collusion with the state.
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The Phillips Curve Is an Economic Fable

InflationMonetary TheoryPraxeology

03/20/2023Mises Media
Keynesians and fellow travelers hold the Phillips curve to be sacrosanct. But because the Phillips curve cannot establish causality, it is useless as economic theory.
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The Fed's Huge Monetary Overhang Keeps Job Totals Up as Real Wages Fall

The FedInflationU.S. EconomyU.S. History

03/18/2023Mises Media
The current job market strength partly reflects the ongoing monetary overhang from years of breakneck growth in money-supply inflation. The $6 trillion in money that was newly created since 2020 is still very much a factor.
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The Balfour Declaration

PhilosophyAustrian Economics OverviewPhilosophy and Methodology

03/18/2023Mises Media
Teaching high schoolers economics means teaching Austrian principles.
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The Censored Generation

DemocracyMedia and CultureProgressivism

03/16/2023Mises Media
Never before have we seen an entire generation of young Americans being censored—and self-censoring—for making innocuous statements. This does not end well.
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The "Meritocracy" Was Created by and for the Progressive Ruling Class

DemocracyProgressivismU.S. History

03/15/2023Mises Media
All of Al Gore's children went to Harvard. Are we really to believe that this is because the Gore kids had the most "merit"? The only real meritocracy is in the marketplace.
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The Coming Recession Will Be a Global One

Booms and BustsMonetary PolicyBusiness Cycles

03/09/2023Mises Media
While the Biden White House claims we are on a steady course of prosperity, the more realistic future is that of a global recession.
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The Attack of the Subversive Elites

Legal SystemPoliticsProgressivism

03/08/2023Mises Media
We can be sure that the "natural elites" of which Hans Hoppe wrote are not among the Davos crowd. That group of "elites" has an agenda, and it is not liberty and free markets.
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