Mises Wire

Negative Interest Rates: Rewarding Profligacy

Financial MarketsMonetary Policy

Why would an investor buy a bond that pays a negative interest rate? The answer lies in understanding how central banks manipulate the economy.

Read More

Next in Coronavirus Tyranny: Forced Vaccinations and "Digital Certificates"

Big GovernmentHealth

Blog05/02/2020

Proponents of mandatory vaccines and enhanced surveillance are trying to blackmail the American people by arguing that the lockdown cannot end unless we create a healthcare surveillance state and make vaccination mandatory.

Read More

New York vs. Texas: NY Has Nearly 50 Times More COVID-19 Deaths Per Capita

U.S. History

Blog04/28/2020

New York and New Jersey have produced more COVID-19 deaths than the rest of the country combined. So politicians have repeatedly claimed that the nation is "two weeks behind New York" to drum up support for extreme lockdown measures.

Read More

No, Technology Shocks Aren't Behind Recurring Business Cycles

Business CyclesInterventionismOther Schools of Thought

Blog03/19/2020

Finn Kydland and Edward C. Prescott (KP), the 2004 Nobel laureates in economics think that technological shocks can explain 70 percent of economic fluctuations in postwar US data. Unfortunately their quantitative methods are simplistic and ignore the real problem: central banking.

Read More

Nationalism as National Liberation: Lessons from the End of the Cold War

Decentralization and SecessionWorld History

Blog02/19/2020

If we regard nationalism as necessarily harmful, we end up supporting the Soviet Union, and every empire and two-bit dictator who manages to hammer together a variety of disparate groups under a single national banner.

Read More

Nomi Prins: Repo Injections Are QE by Another Name

The FedFinancial MarketsMonetary Policy

Blog01/31/2020

The Fed's balance sheet has risen to $4.1 trillion from $3.7 trillion in August. Nomi Prins discusses what this policy shift means and what it portends for 2020.

Read More

Now Is the Time to De-Escalate War with Iran

War and Foreign Policy

Blog01/06/2020

The Iraqi parliament response to the recent US airstrike — expelling all US troops from Iraq — suggests that an escalation of the ongoing US-Iran conflict would not be as simple as pro-war factions of the US regime would like it to be.

Read More

New Year's Resolutions with F. A. Harper

Big GovernmentU.S. History

Blog12/31/2019

"Truth has a power that cannot be touched by physical force. It is impossible to shoot a truth."

Read More