Mises Wire

The Soviet Abuse of Indigenous Peoples

SocialismThe Police StateWorld History

Blog07/11/2023

Socialists and communists claim to support the rights of "indigenous" peoples. However, that support rings hollow given how the USSR abused the native peoples of Siberia, all while American socialists and communists uncritically supported the Soviet Union.

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The Truth About Bidenomics: More Debt, More Inflation

Big GovernmentU.S. EconomyInterventionism

Blog07/10/2023

One of the biggest problems of Biden's neo-Keynesian approach to government budgets is that it leaves households with less money in real terms and the “anti-inflation” measures increase debt and inflation.

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To Smoke or Not to Smoke: The Cigarette Economy in Postwar Germany, 1945–48

Bureaucracy and RegulationEconomic PolicyFree MarketsU.S. HistoryWar and Foreign PolicyWorld History

Blog07/08/2023

Postwar Germany was occupied, in ruins, with an economy in chaos. Germans were reduced to using cigarettes supplied by American GIs as money.

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The Backstops for Banks Are Full of Holes

Monetary PolicyMoney and BanksU.S. Economy

Blog07/07/2023

The Federal Home Loan Bank (FHLB) is the latest "weapon" in the government's so-called arsenal to keep the banking system afloat. But the system needs much more than just "liquidity." It needs sound money and sound banking practices.

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The Major Cause of Mass Poverty in Sudan

Economic FreedomLegal SystemMedia and CultureSocialism

Blog07/06/2023

Sudan has neither the governmental nor social institutions that allow people to develop and build wealth. Instead, people get handouts from the West, which does nothing to reduce poverty.

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The Road to Civil War

Blog07/05/2023

"The basic root of the controversy over slavery to secession, in my opinion, was the aggressive, expansionist aims of the Southern 'slavocracy.'"

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The FTC Is Wrong about Mergers and Monopoly, Yet Again.

Bureaucracy and RegulationEconomic PolicyProgressivismU.S. Economy

Blog07/05/2023

The Federal Trade Commission is unwisely trying to block a merger between Microsoft and Activism. The result is more monopoly and higher prices. 

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The Affirmative-Action Ruling Strengthens Vast Federal "Anti-Discrimination" Powers

Decentralization and SecessionU.S. History

Blog07/01/2023

The conservative judges chose to perpetuate the court's well-established and disastrous use of the Equal Protection Clause. The justices were careful to protect and strengthen federal power. 

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