Mises Wire

Gold Will Destroy the Keynesian Fallacies

KeynesMonetary PolicyU.S. HistoryWorld HistoryGold Standard


Keynes denounced monetary gold as "a barbarous relic." In the end, it will be that "barbarous relic" that overthrows the regime of paper currency.

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Government Imposed "Competition" Harms Competition

Bureaucracy and RegulationCronyism and CorporatismEconomic FreedomEconomic PolicyPoliticsU.S. Economy


President Biden says he is going to unleash regulators to bring more "competition" to the economy. This is an oxymoron.

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Golf Merger Is Opposed by Congress. This Is Misguided

Big GovernmentEconomic PolicyMedia and CulturePolitics


Members of Congress claim to be "concerned" over the proposed merger between LIV Golf and the PGA Tour. They should be supporting it or, even better, backing off completely.

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Government Redistribution Is the REAL Trickle-Down Economics

Bureaucracy and RegulationCronyism and CorporatismProgressivism


President Biden recently claimed that "trickle-down economics" doesn't work but transferring wealth from taxpayers to politically connected people is the real trickle-down economics.

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Government Budget Deficits Cannot Stimulate True Economic Growth

Big GovernmentThe FedKeynesTaxes and Spending


A central tenet of Keynesian economics is that governments must run budget deficits to stimulate economic growth. But government spending actually shrinks the economy.

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Governments Can't Blame Inflation on Energy and Putin Anymore

Money and Banks


We are all poorer, even if headline price inflation is slightly lower. Slowing CPI growth does not mean lower prices, just a slower pace of destruction of the purchasing power of money.

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Government Is as Government Does

Big GovernmentBureaucracy and RegulationCronyism and CorporatismDecentralization and SecessionSocialismTaxes and Spending


If we have learned anything from hundreds of years of government oppression and atrocities, one thing is certain: government isn't our friend.

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Gustave de Molinari, First Anarcho-Capitalist

World History


Molinari's "liberal principles had been proclaimed by Cobden, Gladstone and Bright in England, and by Turgot, Say, Chevalier and Bastiat in France."

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