Mises Wire

The Fed Is Planning Another Ultralong Period of Ultralow Rates

Blog09/17/2020

The Fed plans to keep interest rates near zero, while monetizing debt, financing zombie companies, and pouring new dollars into the market. But that may not be enough.

Read More

The Problem with "Predictive" Theories of Economics

Book ReviewsPhilosophy and Methodology

Blog09/17/2020

There is almost never clear evidence that a theory's predictions are false. You can always adjust something in the theory to make it come out true, and that is what all too many economists do.

Read More

The Saving Problem in America: Alternatives and Reforms

Monetary PolicyTaxes and SpendingCapital and Interest Theory

Blog09/15/2020

Savings are the foundation for a productive and advanced economy. Unfortunately, governments insist on policies that make it harder for ordinary people to save.

Read More

The US Dollar Collapse Is Greatly Exaggerated

Financial MarketsGlobal Economy

Blog09/14/2020

The United States currency has only really weakened relative to the yen and the euro, but that depends on optimistic expectations of a European and Japanese economic recovery.

Read More

The Fed’s New Policy Risks a Return of the 1970s

The FedMonetary PolicyU.S. History

Blog09/10/2020

The Fed has abandoned its own rules on "price stability" in order to favor what are essentially higher inflation targets. The Fed is now headed down a road it traveled in the 1970s.

Read More

The Fed Promises More Dollar Destruction

InflationThe FedMonetary Policy

Blog09/10/2020

A zero interest rate policy, unlimited asset buying, Wall Street bailouts, etc. This is a never-ending monetary accommodation that leaves you asking: What else will the Fed do after inflation averaging?

Read More

The Evidence Keeps Piling up: Lockdowns Don’t Work

Health

Blog09/09/2020

Extraordinary measures require extraordinary evidence. Have the advocates for lockdowns made their case? The data suggests they have not.

Read More

The Welfare State Did What Slavery Couldn't Do

PovertySocialismU.S. History

Blog09/09/2020

Thomas Sowell concluded that “A vastly expanded welfare state in the 1960s destroyed the black family, which had survived centuries of slavery and generations of racial oppression.”

Read More
Shield icon wire