Mises Wire

Blame the Fed for Both the Inflationary Boom and the Inevitable Bust

Money and Banks

Blog09/01/2022

Powell isn't a villain for pulling his foot off the money-creation accelerator a little. No, Powell's villainy stems from his role in helping create the boom in the first place.

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Biden's Student Loan Scheme Benefits the Ruling Class (Again)

Big GovernmentEconomic PolicyTaxes and Spending

Blog08/29/2022

With a declaration of a fake crisis and twisting an obscure law, President Joe Biden has invoked a massive wealth transfer that benefits the most privileged people in our society.

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Back to the Future: Progressives Imagine the Good Old Days of Price Controls

Economic PolicyInflationPrice ControlsProgressivism

Blog06/23/2022

Inflation is raging and progressives want action. What kind of action? They want to return to the 1970s regime of price controls.

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Bastiat Predicted the Baby Formula Crisis 170 Years before It Happened

Economic PolicyPrice ControlsProtectionism and Free Trade

Blog06/04/2022

Although Biden presented the formula shortage as caused by "forces" outside the USA, the shortage is homegrown. Bastiat could have explained why.

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Baby Formula: Thank Protectionists and the FDA for the Shortage

U.S. Economy

Blog05/13/2022

With the shortage have come the usual half-baked bromides about "evil corporations" and how they aren't regulated enough. The real fault lies with welfare statists, Trump-style protectionists, and the FDA. 

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Biden: Inflation Is Everybody’s Fault but Mine

Money and Banks

Blog05/10/2022

For the past six months, the regime has repeatedly used whatever bogeyman could be blamed for inflation—so long as the central bank remains blameless. First it was "greed," then it was covid, and now it is "Mr. Putin."

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Biden-in-Wonderland: A $15 Minimum Wage Will Not Increase Business Costs

InflationLabor and WagesUnemployment

Blog05/10/2022

In a recent speech, President Joe Biden blamed inflation on businesses raising prices and told them that they needed to lower their business costs -- but boost wages. You do the math.

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