Mises Wire

The Oklahoma National Guard Refused the Vax Mandate. The Pentagon Is Not Pleased.

War and Foreign Policy

Blog11/18/2021

Combined with the US military’s turn toward “woke” politics, this latest episode around vaccine mandates will further help to undermine support for military institutions among conservatives and Republicans. 

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Thanks to Bailouts, Wall Street Banks Are More Fragile than Ever

Blog11/08/2021

After the Lehman collapse, Wall Street learned nothing. In fact, Wall Street instead embraced Too Big to Fail which means the financial sector is more dependent on government than ever before. 

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The Problem with "Stakeholder Capitalism"

Blog11/06/2021

There's nothing wrong with firms focusing on wealth maximization. In fact, this process allows for workers and investors to gain more wealth—and to put that wealth to use helping everyone in society.

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The Left Still Pines for Socialist War Planning

War and Foreign Policy

Blog11/05/2021

Left-leaning economists and journalists apparently still harbor nostalgia for the central planning and protectionism of the "good ol' days" of the Second World War.

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There's Nothing Hawkish about the Fed's New Tapering Plan

U.S. History

Blog11/04/2021

In a normal universe, we have a name for this sort of monetary policy: it’s called “extreme dovishness” or “extremely accommodative.” In the bizarro world of 2021, it is anti-inflationary.

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The Madness of Taxing Unrealized Capital Gains

Taxes and Spending

Blog11/04/2021

The new proposal is framed as a tax on the ultrarich. The same was true of the new income tax in 1913. If given the power to tax unrealized gains, expect the feds to expand the tax to ordinary people.

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The Great Reset, Part VI: Plans of a Technocratic Elite

PlanningThe Police State

Blog11/02/2021

The cozy relationship between multinational corporations and governments has aroused the scorn of a few left-leaning critics. They note that the governance model of the World Economic Forum represents at least the partial privatization of the UN’s Agenda 2030, with the WEF bringing corporate...

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The Federal Reserve’s Assault on Savers Continues

Money and Banks

Blog11/01/2021

Any economist should have been able to see that having the monetary spigot on full blast to “stimulate” would raise prices down the road.  We are now down that road.

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