Mises Wire

What Happens When Human Progress Takes a Break?

U.S. EconomyWar and Foreign PolicyWorld History


We have experienced an unprecedented increase in the standard of living throughout the world. But recent developments have been blocking progress for the past several years.

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Why Libertarians Should Support the Multipolar World

Decentralization and SecessionDemocracySecessionWar and Foreign Policy


Western intellectuals and their political allies are pushing relentlessly toward a unipolar world. Freedom lies in the multipolar direction.

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Why Mises’s Theory of Economic Calculation Still Is Relevant Today

CapitalismSocialismCalculation and Knowledge


Whether political elites promote outright socialism or interventionism, thanks to the reality of economic calculation, they are advocating a failed economy.

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

Money and BanksU.S. EconomyWar and Foreign Policy


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. 

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Wholesale Price Inflation Is Slowing as Economy Worsens

Money and Banks


A recession looks more likely every day, and the latest sign of this is slowing price growth in producer prices. After all, price inflation usually slows as the economy weakens and consumers run out of easy money.

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Why the Fed Is Bankrupt and Why That Means More Inflation

U.S. History


The Fed is insolvent, and that means that it will bail itself out by printing money. For ordinary people, that means inflation and a rising cost of living. 

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Why Economic Stimulus Can't Work

Booms and BustsInflationKeynes


Keynesian economists fantasize that a market economy cannot "gain traction" without "stimulus" schemes from the government. In the end, the only thing stimulated are inflation and recession.

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When It Comes to National Prosperity, Don't Forget the Culture

Economic FreedomThe EntrepreneurStrategy


Progressives claim that poor nations are that way because wealthy nations exploit them through the capitalist system. Cultural institutions, it turns out, are the most important indicators of wealth and poverty.

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