Mises Wire

The Rise of Economic Fascism in America

Cronyism and CorporatismU.S. History

Blog09/03/2021

Virtually all of the specific economic policies advocated by the Italian and German fascists of the 1930s have also been adopted in the United States in some form, and continue to be adopted to this day.

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This Is a Sign that Price Inflation Will Soon Get Worse

Blog09/03/2021

Price inflation isn't a simple function of increases in the money supply. Rather, it depends on many other factors such as public expectations of future inflation. 

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The Market — Not Government Planning — Brings Relief from Natural Disasters

Blog09/03/2021

Expropriating private property or mandating price controls might feel like "doing something," but only market action brings real relief to disaster-prone areas.

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The Covid Stimulus Isn’t Like Other Stimulus. It’s Much Bigger.

Taxes and Spending

Blog08/25/2021

We have to go back to 1945 and the Second World War to find a time in which government spending is similar to today's panic-driven frenzy of spending in Washington. 

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The Lasting Legacy of Carl Menger

History of the Austrian School of Economics

Blog08/25/2021

Many insights of Menger are nowadays part of standard economics. Many more are preserved in the distinct school of Austrian economics. This applies particularly to the notions of foresight and the role of uncertainty.

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The End of the Gold Standard. Fifty Years of Monetary Insanity

Gold StandardMoney and Banking

Blog08/21/2021

The gold standard supposed a limit to the fiscal voracity of governments, and suspending it unleashed the perverse proclivity of the states toward indebtedness and to pass the current imbalances on to future generations.

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The Secret Ronald Reagan Told Me about Gold and Great Nations

Money and Banks

Blog08/19/2021

Fifty years after Nixon closed the gold window, prices are heading toward 1970s-era increases. Yet the Fed cannot increase interest rates as long as the politicians keep creating billions of new debts.

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Two Percent Inflation Is a Lot Worse Than You Think

Money and Banks

Blog08/18/2021

Even at a "mere" two-percent level, cumulative price increases over time are nothing to scoff at. Even worse, if we look at what people really spend money on, price inflation doesn't much reflect the conclusions of "official" stats.

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