Mises Wire

The Businessman and the Holy Family

For Jesus and his followers, private enterprise was there from birth, through life, and to death, providing a refuge of safety and productivity, just as it has in our time.

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The Real Reason Politicians Want Legal Cannabis Is Tax Money

U.S. EconomyU.S. History

Blog12/27/2021

Colorado and Washington State have shown governors in the Northeast and Mid-Atlantic how they've been missing out on collecting taxes from cannabis sales.

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The Fed's Dovish "Tapering" and the ECB

Money and Banks

Blog12/22/2021

Europe's governments are caught up in a destructive symbiotic relationship with Europe's central bank. If they don't end QE and cut debt, they face some very hard times ahead. 

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The Fed Is Hawkish Now? I’ll Believe It When I See It.

Money and Banks

Blog12/17/2021

We're told they're hawks now, but the Fed is still thinking the way it has thought for the entirety of the twelve years since 2009, when today’s QE experiment began.

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The "Acid Rain" Scare and the Science-Industrial Complex

U.S. History

Blog12/15/2021

"Science" is now indistinguishable from politics. As the "acid rain" hysteria showed back in the 1970s and 1980s, "follow the science" is just a political slogan, unrelated to actual science.

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The Fundamentals Point to Inflation That's Much More than "Transitory"

Money and Banks

Blog12/15/2021

The Fed may slow or eliminate new bond purchases but is not planning to sell. Meanwhile, producer prices have skyrocketed and Americans are consuming more but producing less. Get ready for entrenched price inflation.

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The Search for Yield Now Extends to Imaginary Land in the Metaverse

Financial Markets

Blog12/14/2021

“Rather than try to create a universe like Facebook, I said, ‘Why don’t we go in and buy the parcels of land in these metaverses, and then we can become the landlords?’”

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They'll Use the Welfare State to Get Compliance on Vaccine Mandates

Bureaucracy and Regulation

Blog12/13/2021

Regulatory powers have enabled government agencies to push vaccine mandates in new ways. But the welfare state also offers many ways to "encourage" compliance from nearly everyone. 

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