Mises Wire

Debunking Piketty and the Left's Celebrity Economists

World History

Blog03/20/2021

If you were to browse the economics sections of bookstores here in my home city, Dublin, you would find a wide variety of books by anticapitalist celebrity economists. Books by free market economists? Not so much. 

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State Preemptions of Local Government Are a Bad Thing. Even When Ron DeSantis Does It.

Decentralization and Secession

Blog03/20/2021

Centralizing political power in the hands of the state government only sets the stage for abuses when a new administration takes over. 

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Crying Wolf on (Hyper)Inflation?

Inflation

Blog03/19/2021

In the early years of QE, many economists warned that the Fed’s unprecedented monetary inflation would cause a significant increase in consumer prices. In this chapter, we’ll assess several popular explanations for why the Fed’s monetary inflation since 2008 hasn’t generated a comparable...

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Biden’s Rescue Plan Won't Reduce Poverty

Poverty

Blog03/19/2021

“Poverty in society is overcome by productivity, and in no other way. There is no political alchemy which can transmute diminished production into increased consumption.”

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Why AERC Remains One of the Few Venues for Real Intellectuals

History of the Austrian School of Economics

Blog03/19/2021

At a time when universities have become the most intolerant institutions against intellectual freedom, environments like the Austrian Economics Research Conference have never been more important.

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They Said Things Would Be Much Worse in States without Lockdowns. They Were Wrong.

Blog03/18/2021

When Georgia and Florida scaled back covid restrictions, the experts predicted far more death in the "open states" than in the locked down states like New York and California. The numbers tell a different story. 

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How a Small Rise in Bond Yields May Create a Financial Crisis

Financial Markets

Blog03/18/2021

The risk of a financial crisis does not come from rising bond yields. The risk of a financial crisis was created by lowering bond yields to unrealistic and unjustifiable levels in the first place.

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The Never-Ending Battle between Leviathan and Liberty

World History

Blog03/18/2021

Few political follies are more hazardous than presuming that one’s liberties are forever safe. If liberty is God’s gift to humanity, then why were most people who ever lived on Earth denied this divine bequest?

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