Mises Wire

My Time with the FBI

U.S. History

Blog3 hours ago

The FBI’s power and federal legitimacy are far more tenuous than Washington recognizes. Beyond the nation’s big cities, federal authority hinges largely on the consent of local citizens.

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Mises in Peru: La Prensa Interview, 1950

Global EconomyWar and Foreign PolicyWorld History

Blog08/24/2021

In this brief interview, Ludwig von Mises discusses the state of the global economy, the Marshall Plan, and the road to recovery.

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Macroeconomic Data Is a Tool for Government Intervention

U.S. Economy

Blog08/24/2021

In a free, unhampered market, businesspersons in the pursuance of their goals will not require macroeconomic indicators. Entrepreneurs require an entirely different kind of data than what government data provides.

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My Case against Minimum-Wage Laws

Blog07/09/2021

We often hear these minimum wage laws are well intentioned. I cannot agree. Minimum-wage laws are evil in their methods (coercion) and evil in their goals (to make people believe they’re dependent on government). 

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Money Supply Growth Dropped in May to a 15-Month Low

Money Supply

Blog07/07/2021

During May 2021, year-over-year (YOY) growth in the money supply was at 15.3 percent. That's down from April's rate of 23.1 percent, and down from the May 2020 rate of 29.5 percent. 

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Missouri Tells the Feds: We Won't Enforce Your Gun Laws

Decentralization and Secession

Blog06/21/2021

The State of Missouri has adopted a new law mandating that state and local officials no longer assist in enforcing federal gun laws. The strategy has already been proven to work in states refusing to enforce federal marijuana laws. 

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Mortgage Companies Cash in on Pandemic Relief

U.S. Economy

Blog06/18/2021

“Mortgage companies have ramped up their purchases of government-backed mortgages in forbearance, and they are selling these loans back to investors at a profit.”

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Much Ado about Nothing in the Art Market

Blog06/11/2021

The recent sale of an invisible statue for £13,000 is symptomatic of the thoroughgoing financialization of our economy. Investors have become ever more obsessed with the symbols of economic reality and less concerned with underlying economic facts.

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