Mises Wire

How Easy Money Is Increasing the Devastation of the COVID-19 Panic

Booms and BustsInflationMonetary Policy

Blog7 hours ago

Central banks have created a brittle economy without real savings and without much room to maneuver. Central banks now want more of the same in a bid to fix what they broke.

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How The Fed Sows Social Division and Mistrust

Blog03/31/2020

As the central bank continues to pick winners and losers with its profligate monetary policy, social divisions will worsen.

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How Governments (and the Fed) Make Life Harder for Young Families

Blog03/28/2020

Government institutions, including central banks, have long been responsible for increases in the cost of living. But the burden often falls most on those who are just starting out in their adult lives.

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How Government Spending Destroys Wealth

Taxes and SpendingInterventionism

Blog03/02/2020

Government spending overall—not just deficits—is the real problem. Government spending diverts wealth away from truly productive people and toward the government and its favored groups.

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Henry Hazlitt on Longines Chronoscope

Media and Culture

Blog02/26/2020

Henry Hazlitt cohosted the CBS series Longines Chronoscope from June 16, 1952. The series ran from 1951–55 and featured notable people of the time.

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How Fractional Reserve Lending Makes Money Disappear

Blog02/24/2020

Because banks make unbacked "loans," they create new money that later disappears when repaid. If these loans are not renewed, economic depression sets in.

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How Chile's Protesters Get Inequality and Poverty Wrong

Economic FreedomGlobal Economy

Blog02/18/2020

Allowing the market to operate with minimal government intervention has helped Chile become one of the freest and wealthiest countries in South America, especially when compared to its direct neighbors.

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Humans Have Goals. And They Value Goods and Services Accordingly.

PraxeologySubjectivismValue and Exchange

Blog02/10/2020

A given goal dictates the specific means that an individual will choose for the attainment of that end. People make choices that they think will help them achieve an end.

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