Mises Wire

Why Sanctions Don't Work, and Why They Mostly Hurt Ordinary People

Blog03/09/2022

Sanctions remain popular because they placate the voters who insist "we" must "do something," and government officials are more than happy to accept this invitation to grow state power.

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What Caused the Post–Cold War Stalemate over NATO

War and Foreign Policy

Blog03/03/2022

By 1996, it was agreed that “Washington refused to rule out any country,” for NATO membership. Except, of course, Russia. Moreover, a NATO that included Poland was unlikely to invite Russia.

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Will Inflation Turn into Stagflation?

The FedInflationMonetary Policy

Blog02/21/2022

The Fed is, effectively, a car driving at night, very fast, with no headlights. That is a real threat, probably to an unprecedented degree.

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With Inflation at a 40-Year High, the Fed Is Too Afraid to Act

Money and Banks

Blog02/11/2022

Price inflation has been accelerating upward since April of last year. Yet the Fed has done virtually nothing. What's the Fed waiting for? 

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Woke Capitalism Is a Monopoly Game

Cronyism and CorporatismMedia and Culture

Blog02/10/2022

The rise of woke capitalism cannot be sufficiently explained in terms of placating coastal leftists, ingratiating left-liberal legislators, or avoiding the wrath of activists.

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Why Employment Is Not the Key to Economic Growth

U.S. Economy

Blog02/08/2022

A reduction in unemployment is not the key factor for economic growth. Rather, it is saving that is instrumental in the expansion and the enhancement of the production structure.

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What the Next American Civil War May Look Like

U.S. History

Blog02/08/2022

Many proponents of forced national unity insist the military can "solve" the problem. But with that method, "you're not solving the insurrection. In fact, you're spreading it. You're guaranteeing more of it."

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What Would Mises Have Thought of "Special Economic Zones"?

World History

Blog02/07/2022

SEZs are loopholes, and capitalism breathes through loopholes. But like all loopholes, they tend to benefit those who can afford to hire the lawyers who can identify said loopholes.

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