Mises Wire

The Fed Prepares for a Bank Crisis While Telling Americans the Economy is Strong

Fed WatchMonetary PolicyMoney and BanksPolitics

Blog01/25/2024

No, Paul Krugman, the economy is not strong. The Fed and its supporters are in the "move along, there's nothing to see" mode when it comes to our troubled banking system.

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A Field Guide to Dubious Fact-Checking

EducationMedia and CulturePoliticsProgressivism

Blog01/24/2024

Fact-checking has become a veritable industry in the media. However, the conclusions of “fact checkers” mysteriously seem to align with the opinions of elites. That’s their story, and political, educational, and social elites are sticking to it.

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Biden's Middle East Policy Puts Americans at Risk

PoliticsWar and Foreign PolicyWorld History

Blog01/24/2024

The Biden administration’s Middle East policies are going to produce the same kind of blowback that led to the 9/11 attacks. The more reckless Biden becomes, the more American lives are placed at risk.

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Government Banks Would Be a Dangerous Tool for Progressive Ideologues

Cronyism and CorporatismMonetary PolicyMoney and BanksSocialism

Blog01/23/2024

Congresswomen Rashida Tlaib and Alexandria Ocasio-Cortez have introduced legislation to create government-owned banks, ostensibly to “increase accountability.” In truth, the banks would exist to fund progressive causes.

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Rethinking Keynesian Theory: Debunking Interest Rates and Inflation Myths

InflationKeynesU.S. EconomyCapital and Interest Theory

Blog01/23/2024

Because Keynesian theory has triumphed in the economics world, people are subject to the worst kind of government intervention in the economy. Debunking Keynes is the first step toward economic sanity.

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Bye Bye Willie: The Political Rent-Seeker

Bureaucracy and RegulationCronyism and CorporatismLawProperty Rights

Blog01/22/2024

Intellectual property laws provide another example of how government stifles innovation and competition.

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Social Media Should Not Be Blamed for the Consequences of Democracy

Big GovernmentDemocracyPolitics

Blog01/22/2024

Social media tends to be blamed for the overall nastiness of public discourse. Instead of condemning this form of communication, condemn the fuel that feeds this conflagration: democracy.

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"Humanitarianism" as an Excuse for Colonialism and Imperialism

World History

Blog01/20/2024

Humanitarianism served as an excuse for colonial rule over "backward" natives and provincials for centuries. The elites of the imperial governments insisted only they could provide enlightened government. Today, the same thinking lives on among countless advocates for centralized...

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