Mises Wire

The Putrid Underbelly of Woke Capitalism

Cronyism and CorporatismMedia and CultureProgressivism

Blog05/16/2023

American corporations are lavishing billions of dollars on leftist groups in the name of "equity." But many of them also are donating to even more questionable people and causes.

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Biden’s New Intersectionality: Where Equity Policies Meet Bad Economics

Economic PolicyPoliticsProgressivismU.S. EconomyInterventionism

Blog05/15/2023

The Biden administration has decided that the REAL problem with housing is that the wrong people are saving money and making timely mortgage payments. They must be punished.

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Did the US Steal Cherokee Land?

LawProperty RightsU.S. History

Blog05/15/2023

Like so many other Indian tribes, the Cherokees found out the US government has a penchant for not abiding by its own treaties.

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The US Followed a Policy of Foreign Intervention Long before World War II

U.S. HistoryWar and Foreign Policy

Blog05/13/2023

One of the great fictions of US history is that the USA's foreign policy was based on noninterventionism until the nation was forced to enter World War II.

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In the Event of an Official US Bankruptcy

Taxes and SpendingU.S. Economy

Blog05/12/2023

Economically speaking, the US government is bankrupt even if the government won’t admit what is obvious. But how would an actual bankruptcy proceeding go?

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Taxing Capital Leads to Capital Consumption

Economic PolicyCapital and Interest Theory

Blog05/12/2023

Progressive governments in the name of equity are calling for taxation of capital gains. They really are demanding destruction of capital through capital consumption.

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Price Inflation Growth Slowed Slightly in April. Now Wall Street Will Demand More Easy Money.

Money and Banks

Blog05/12/2023

April was yet another month of declining real wages, and was the twenty-fifth month in a row during which growth in average hourly earnings failed to keep up with price inflation.

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The Money Supply Has Plummeted in the Biggest Drop Since the Great Depression

Blog05/11/2023

With negative growth now falling to near –10 percent, money-supply contraction is now the largest we've seen since the Great Depression. 

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