Mises Wire

Is 150 Years of Bank Credit Expansion Nearing Its End?

U.S. HistoryMoney and Banking

Blog12/14/2019

Central bankers want to find a means of resetting everything, exploring solutions such as digitising currency through blockchains, doing away with cash, and finding other avenues to try to control the so-called vagaries of free markets.

Read More

The US Economy Is Being Japanified — Thanks to the Fed

The FedGlobal Economy

Blog12/14/2019

Central bankers are increasingly talking about raising the inflation target above 2 percent. Are negative interest rates next?

Read More

Embrace Unilateral Free Trade with the UK — Right Now

Protectionism and Free Trade

Blog12/13/2019

Americans ought to begin thinking of trade between the US and the UK as something comparable to trade between California and Idaho.

Read More

The Silicon Valley Gulag

Big GovernmentBook ReviewsU.S. History

Blog12/12/2019

In his new book Google Archipelago, Rectenwald asserts the Google Archipelago re-upping of Marx is not only practically Marxist, but conceptually and structurally so.

Read More

A History of Inflationary Money: From 1844 to Nixon

Booms and BustsGlobal EconomyBusiness CyclesMoney Supply

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.

Read More

Artwork Made from Old Bananas Shows Value Is Subjective

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.

12/11/2019Power & Market
Read More

How the Soviets Replaced Christmas with a Socialist Winter Holiday

Father Frost (the Soviet Santa Claus) asks: "To whom do we owe all the good things in our socialist society?,” to which, it is said, the children chorus the reply, "Stalin."

12/10/2019Power & Market
Read More

When the Communists Abolished the Weekend

Labor and WagesWorld History

Blog12/09/2019

By abolishing the weekend, the Soviets were in one move able to strike a blow against both families and religious institutions. All that was left was the state — and state-mandated labor.

Read More
Shield icon wire