Mises Wire

Fighting Inflation Really Means Fighting the Federal Reserve

The FedInflation

Blog3 hours ago

These days, the Fed and Chairman Jerome Powell are claiming the title of "inflation fighters." The more appropriate moniker should be "inflationists."

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How Fast Should the Money Supply Grow?

InflationMonetary PolicyMonetary Theory

Blog01/30/2023

As Murray Rothbard wrote, inflation is not an increase in prices. It is, instead, an increase in the supply of money in circulation. The distinction is important.

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How Should a Nation Determine Its Heroes?

PoliticsWorld History

Blog01/30/2023

How do societies determine who their heroes are? We know that often those seen as heroes actually made a country worse off.

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Do Correlations Help Define Money?

The FedMoney and BanksGold StandardMonetary Theory

Blog01/28/2023

Monetary authorities have come up with numerous clever ways of measuring money. However, they are unable even to define money, much less measure it.

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Concentrate Where the Murders Are Concentrated

Media and CultureProgressivism

Blog01/28/2023

Progressives like to claim that "America" has a "gun violence problem." However, the "gun violence problem" happens to exist in places where progressives dominate the government.

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In Defense of Covid "Price Gouging"

The FedInflationMonetary Policy

Blog01/27/2023

When consumer prices shot up after the massive monetary injections undertaken to counteract the job-killing Covid lockdowns, the political classes called it "price gouging." Indeed, when government inflates, we need all the price gouging we can get.

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Röpke Revisited

SocialismHistory of the Austrian School of Economics

Blog01/27/2023

William Röpke, who fled Nazi Germany in the 1930s, has made important contributions to Austrian economic analysis. Not surprisingly, he rejected collectivism as a way to organize an economy.

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Questioning the Military Necessity of Dropping Atomic Bombs on Japanese Cities

U.S. HistoryWar and Foreign PolicyWorld History

Blog01/27/2023

Americans often have defended the atomic bombings of Hiroshima and Nagasaki as regrettable but necessary for ending World War II. The actual record tells us a much different story.

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