Mises Wire

Abolish the Office of the First Lady

Media and CultureU.S. History

Blog12/23/2019

Once upon a time, the president was expected to pay for parties and public relations out of his own pocket. Now we have the Office of the First Lady, so taxpayers can now pay her staff to plan opulent parties for wealthy donors and powerful politicians at the White House.

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A Message from Lew Rockwell

The Mises Institute’s message has not changed since our founding in 1982. Please join us as we forge ahead, fight for truth, and teach tomorrow’s intellectual leaders.

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A Desperate ECB Wants to Eliminate the Eurozone's "Only Saving Grace"

Big GovernmentGlobal EconomyMoney and Banks

Blog12/18/2019

The budgetary restraints that the eurozone placed on member states are now in the crosshairs of ECB President Christine Lagarde. 

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A History of Inflationary Money: From 1844 to Nixon

Booms and BustsGlobal EconomyBusiness Cycles

Blog12/11/2019

It is a huge mistake to call the repeating cycle of boom and bust a business cycle. That name implies the bust is the failure of markets and capitalism. But it is really due to monetary and credit inflation licensed and promoted by governments and central banks.

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Artwork Made from Old Bananas Shows Value Is Subjective

12/11/2019Power & Market

The $120,000 price tag on that artwork involving a banana taped to a wall had almost zero to do with the amount of labor or materials that went into it. Its value was based on subjective valuations specific to certain buyers.

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America’s Arms Sales Addiction

Taxes and SpendingWar and Foreign Policy

Blog12/06/2019

Despite its supposedly strained relationship with the Saudi regime, the Obama administration, for example, still managed to offer the royals of that kingdom a record $136 billion in US weapons between 2009 and 2017.

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Abenomics has Failed Japan. Financial Times Wants to Make it Global.

The FedGlobal EconomyMoney and Banking

Blog12/05/2019

The true lesson from Japan is that central planners prefer to gradually nationalize the economy before even considering a moderate reduction in government size and control.

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Anti-Market Conservatives Want to Fix Social Ills, But Their Cure Will Only Make Things Worse

World History

Blog12/03/2019

Far from being the saviors of society, the new breed of anti-market conservatives are merely the newest iteration of the long line of anti-social apologists for state domination.

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