Mises Wire

The Fed Is Winging It: A 75 Basis Point Hike "Seemed like the Right Thing"

Money and Banking

Blog06/15/2022

When asked to quantify how a 75-point hike is better than a 50-point one, Powell had no answer. And will it work? Powell could only say "we'll know when we get there."

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The Great Reset: Turning Back the Clock on Civilization

AntipoliticsEconomic PolicyProgressivismSocialismThe Police State

Blog06/15/2022

The so-called Great Reset is an attempt by wealthy elites and their allies to control people's lives. Their schemes need to be both exposed and resisted.

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The Inverted Yield Curve and Recession

Booms and BustsCapital and Interest Theory

Blog06/13/2022

Economists have failed to explain the mechanism by which an inverted yield curve signals an impending recession. But the Misesian explanation of the business cycle quite easily explains the pattern we observe in interest rates.

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The Libertarian Party at Fifty Years

AntipoliticsDemocracyLibertarianismThe Police State

Blog06/13/2022

Economic libertarianism, with its sole focus on government budgets and taxation, is a highly limiting political strategy. Libertarians should proceed as enemies of the state.

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The Five Stages of Totalitarianism

LiberalismSocialismThe Police State

Blog06/11/2022

Totalitarian societies do not become that way overnight. There are recognizable signs and stages which show how a society slides into that abyss.

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Thanks, Fed Economists: Inflation Surges Yet Again as Real Wages Drop

Blog06/10/2022

Not since 1981 has the inflation rate been higher than May's rate of 8.6%. Meanwhile, the Fed's idea of "quantitative tightening" is cutting its portfolio 0.5% over eight months. 

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The Fair Tax Is the Tax That Will Not Die

Economic PolicyTaxes and Spending

Blog06/09/2022

The Fair Tax is a supposed alternative to the income tax. But the name does not matter, since a tax is still a tax.

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