Mises Wire

Yes, Tax Cuts Really Are The Reason for Your Raise

Labor and WagesTaxes and Spending

Firms are likely to raise wages once their expectations of future worker productivity increases.

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Yellen’s Poor Legacy — and Powell’s Challenges

Yellen had the chance to rein in the Fed's ultra-dovish and inflationary monetary policy — and she blew it.

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Yellow Journalism and Cheech and Chong: Drug Policy in the 70s

HealthMedia and CultureU.S. History

Chris Calton explores US drug policy between the Nixon and Reagan Administrations.

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Yellen: The Economy May Be Weaker than We Thought

Money and BanksMoney and Banking

At the rate we're going, the Fed will need another 8 years to get the target interest rate up to 2 percent.

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Yes, the Fed Really Is Holding Down Interest Rates

The FedMoney and BanksMoney and Banking

The empirical evidence is clear: the Fed is pursuing an expansionist monetary policy — and the economic benefits have been disappointing at best.

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Yellen: "GDP is a Pretty Noisy Indicator"

While expressing optimism about the economy, Yellen completely dismissed a question about the troubling Q1 GDP forecasts.

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Yellen To Congress: We'll do Something Someday

U.S. Economy

Janet Yellen testified before Congress and was as bland and predictable as ever: still uncertain, still has no clue what to do.

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Yuri Maltsev: Why Socialism Endures

Big GovernmentEducationMedia and CulturePolitical Theory

Yuri Maltsev, a victim of Soviet totalitarianism in his youth, explains how and why westerners still don't understand what socialism really means.

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