Mises Wire

Too Much Centralization Is Turning Everything into a Political Crisis

Decentralization and SecessionMedia and CultureStrategy

Blog09/19/2020

The task ahead is to demonstrate that whatever the sacrifices required to achieve more localized decision-making might be, centralization is too dangerous to continue.

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Mandatory Covid-19 Vaccination Is Unethical and Unscientific

Health

Blog09/11/2020

We are fortunate to have vaccines as options in many cases. But mandatory vaccination can never be justified. If a vaccine were clearly 100 percent efficacious and 100 percent safe, there would be no need for coercion; people would voluntarily line up to take it.

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Roosevelt’s Fraud at Yalta and the Mirage of the "Good War"

U.S. HistoryWar and Foreign PolicyWorld History

Blog09/07/2020

The fact that Yalta can now clearly be seen to have been a betrayal is another reason to be wary when pundits and talk show hosts jump on the bandwagon for the next killing spree abroad

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The Fed's Latest Lie: It Can Make Everything Go Back to Normal

Booms and BustsInflationThe Fed

Blog09/03/2020

The mother of all monetary stimuli could turn out to be worse than a dud—a catalyst to a slide into further recession just as the supply shock of pandemic recedes.

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The Fed Now Wants Even More Inflation. The Old "2 Percent Target" Wasn't Enough.

InflationThe FedMonetary Policy

Blog09/02/2020

The most important insight of the Fed's move to increase its inflation target is this: central banks don't much like to follow "rules." They make the rules.

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Protectionism and "Weak Dollar" Trade Policy

InflationMonetary Policy

Those who advocate for a "weak dollar" to encourage trade with American firms show how little confidence there is in American industry. Meanwhile, cheapening the dollar punishes savers and ordinary workers.

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A Poor Understanding of Monetary Theory Leads to Disastrous Government Policies

Booms and BustsInflationTaxes and Spending

Blog08/22/2020

Since government creates nothing itself, all interventions are nothing more than transfers of wealth for the benefit of some and the destruction of wealth for everyone else.

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Why Americans Should Adopt the Sweden Model on Covid-19

Health

Blog08/15/2020

At best, lockdowns have deferred death for a short time, but the lockdowns cannot possibly be continued for the long term.

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