Mises Wire

Privacy, Power, Fiscal Policy, the Poor: Four Reasons to Worry about CBDCs

Central BanksMoney and Banks

Blog9 hours ago

Central bank digital currencies need to be centralized and manipulable to some extent in order to use them to implement monetary policy, which is central bankers' goal. This characteristic makes them a very risky proposition.

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Pandemics Are Over When the Public Decides They're Over

Blog11/21/2020

Government bureaucrats have their own standards for declaring when a pandemic has "officially" ended. But the de facto ending comes when the public stops paying attention. 

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Preelection Survey: What Is This Election About?

Blog11/03/2020

In this timely series, several Mises Institute scholars and writers come together to discuss the themes running through the 2020 election race and the most important policy issues for the American presidency.

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Populism Worked for the Pro-Freedom Party in the Past. Can It Work Again?

Strategy

Blog10/29/2020

Is it still possible to "rouse the masses of people against the elites that are looting them" in effective numbers? As late as 1992, Rothbard thought so. And he had historical examples on his side. 

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President Pence and VP Harris? It Could Happen.

Political Theory

Blog10/29/2020

Here's one scenario the markets perhaps have yet to consider. Thanks to the Twentieth Amendment, it's possible to end up with Pence winning the White House and Harris becoming VP. 

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Pope Francis's Latest Attack on Property: It's a "Secondary Right"

Private Property

Blog10/20/2020

The pope doesn't understand that it is the protection of property rights that secures the common good.

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President's Impact Report — Third Quarter 2020

Blog10/19/2020
See what we've accomplished in the third quarter of 2020.
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Printing Money at a "Constant" or "Stable" Rate Won't Prevent Boom-Bust Cycles

Booms and BustsInflationGold Standard

Blog10/19/2020

Money printing—even at a constant rate—is going to generate the same result as any other money printing. The reason lies in the fact that money creation transfers wealth from productive to unproductive enterprises.

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