Mises Wire

Inflationary Expectations Do Not Cause Inflation

InflationMonetary PolicyMonetary TheoryOther Schools of Thought


According to mainstream economists, the expectation of inflation leads to higher prices. That is impossible, however, because actual inflation involves real increases in the money supply.

Read More

Is ExxonMobil's Acquisition of Pioneer Natural Resources a "Threat to Democracy"?

Economic PolicyFinancial MarketsMedia and CultureU.S. Economy


According to a Brown University professor, ExxonMobil threatens our democratic republic by purchasing another company. The totalitarian woke atmosphere in American higher education is the real threat.

Read More

Individual Health Insurance Mandates Are Mandates, Not Taxes

Big GovernmentBureaucracy and RegulationProgressivismTaxes and Spending


When the Supreme Court ruled that Obamacare mandates really are taxes, it twisted logic into a pretzel. Forcing people to pay for health insurance is still a mandate.

Read More

Israel Isn’t the Brilliant Friend of Freedom the Beltway Claims It to Be

DemocracyThe Police StateWar and Foreign Policy


While Israel receives praise for being a "democracy" in the undemocratic Middle East, its surveillance policies mirror those of China, which is decidedly not democratic.

Read More

Is Migration a Tool of the Consumptive Class?

Cronyism and CorporatismEconomic PolicyMinarchyProgressivism


An unfortunate consequence of increased wealth is the growth of the parasitic consumptive class of political and cultural elites. Labor migrations often follow in the wake of damage that elites do.

Read More

If the Fed Goes, The State Will Soon Follow

Big GovernmentThe FedPoliticsU.S. History


The leviathan US state would not be possible without the Fed underwriting its growth. But the Fed is not all-powerful, nor can it continue to exist by only creating chaos.

Read More

Is a Welfare State Consistent with Libertarianism?



David Gordon reviews Dan Moller's book Governing Least: A New England Libertarianism, in which the author examines the issue of a welfare state in a libertarian society.

Read More

Israel War Adds to Global Turmoil

Global EconomyWar and Foreign Policy


All the ingredients of a significant global slowdown are already in place, including weak PMIs and weakening consumer confidence. The geopolitical implications of conflict in the Middle East will last for many years.

Read More