Mises Wire

Argentina and Brazil Look to Establish a Common Currency

Cronyism and CorporatismMonetary PolicyProtectionism and Free Trade

Blog1 hour ago

Two nations famous for hyperinflation now look to create a common currency. Unless that currency is gold, this is a bad idea.

Read More

The Fed Is Already Flashing Signs It's Done Raising Rates

Money and BanksU.S. History

Blog02/02/2023

The FOMC's publicly stated predictions of its own future behavior are essentially useless as accurate predictors of future events. This has been illustrated over and over. 

Read More

The Chinese Communist Party Is Creating a Crackdown Economy

Bureaucracy and RegulationCapitalismLegal System

Blog02/02/2023

China has created a crackdown cycle that is hurting the entrepreneurial spirit.

Read More

You Think the Global Economy Is Brightening? Beware: The Big Hit Is Yet to Come

Booms and BustsCentral BanksThe FedMonetary PolicyU.S. Economy

Blog02/02/2023

While President Joe Biden's White House continues to give happy talk about the economy, some major economic storm clouds are brewing. The future does not look good.

Read More

Is the Japanese Low Inflation–Low Interest Rate Model at an End?

CapitalismCentral BanksEconomic PolicyMoney and Banks

For nearly three decades, the Japanese economy has slowly imploded under low interest rates and heavy government debt. It may soon be time to pay the piper.

Read More

"Stakeholder Capitalism" Is an Incoherent Term

Bureaucracy and RegulationCapitalismProgressivismU.S. Economy

Blog02/01/2023

One of the modern progressive buzzwords is "stakeholder capitalism," in which people with no direct connection to a firm somehow have a "stake" in what the firm does. It is an incoherent term.

Read More

Social Security Taxes Aren't "Your" Money

U.S. Economy

Blog02/01/2023

The government can't return the SS money it stole in the past. It's impossible. That money's gone. Taxing today's workers to "pay back" pensioners is just creating a new group of tax victims. 

Read More

Why the End of the Petrodollar Spells Trouble for the US Regime

Money and BanksU.S. EconomyWar and Foreign Policy

Blog01/31/2023

By itself, the end of the petrodollar won't destroy the dollar. But it will continue a trend that weakens both the dollar and the US regime's power. 

Read More