Mises Wire

Lots of Red Ink at the Fed

Money and Banks

Blog09/12/2023

The Fed wants you to believe that neither its negative capital nor its giant losses matter because it is the Fed and can print money. But it does matter because the Fed’s losses will cost not only it, but also the Treasury and the taxpayers, over $100 billion this year.

Read More

Welcome to the Twenty-First Century American Bankruptcy Show

Booms and BustsCronyism and CorporatismThe FedU.S. Economy

Blog09/12/2023

As the US economy sours, look for a wave of new bankruptcies. The Fed cannot pull any rabbits out of its monetary hat this time.

Read More

Inflation: Government’s Insidious Form of Theft

The FedInflationMonetary Policy

Blog09/12/2023

While court economists such as Paul Krugman insist that inflation is government's way of ensuring full employment, in reality, inflation is one of the many ways governments steal from productive people.

Read More

America Since 9/11: 22 Years of Lies and Despotism

War and Foreign Policy

Blog09/11/2023

In a more reasonable world, people like Cheney, Rice, Bolton, et al., would all be forgotten, shamed, and disgraced for overseeing multiple disastrous wars abroad and the creation of a police state at home. Unfortunately, we don't live in a more reasonable world. 

Read More

The Austrian School's Deductive Approach: A Beacon for Economic Understanding

Business CyclesOther Schools of ThoughtPhilosophy and Methodology

Blog09/11/2023

Austrian economics stands apart from the economic mainstream in its deductive approach to economic analysis.

Read More

Would You Hire an AI-powered McRobot or a Human Employee?

Bureaucracy and RegulationEconomic PolicyLabor and Wages

Blog09/11/2023

The decision to use artificial intelligence–powered robots in the fast food industry depends upon differences in costs and performance between humans and robots. State minimum wage laws are pushing the industry toward robots.

Read More

Cultural Appropriation: The Nontheft of Something No One Owns

Media and CulturePolitics

Blog09/11/2023

Progressives have created a new thought crime: cultural appropriation. However, one cannot appropriate something that is not owned by anyone else.

Read More

Ten Great Economic Myths

Big GovernmentAustrian Economics Overview

Blog09/09/2023

Our country is beset by a large number of economic myths that lead us to accept unsound and dangerous government policies.

Read More