Mises Wire

Contra Ben Bernanke, the Gold Standard Promotes Economic Stability

Booms and BustsThe FedInflation

Blog06/27/2022

Ben Bernanke once claimed that a monetary gold standard caused economic instability. He failed to mention that his fiat money standard causes the boom-and-bust cycles.

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How Governments Expropriate Wealth with Inflation and Taxes

Money and Banks

Blog06/27/2022

Did you feel happy when the government gave you a check paid with printed money? Watch now as your daily groceries, gas and power become unaffordable.

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Don't Blame Social Media. Blame the Politicization of Nearly Everything

DemocracyStrategy

Blog06/25/2022

Although social media is blamed for many social ills, the sickness doesn't come from Twitter or Facebook but from how the ruling classes have politicized life itself.

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Markets Promote Real Equality Much More Than Progressive (and Conservative) Critics Claim

Economic FreedomFree Markets

Blog06/25/2022

A standard criticism of free markets is that markets promote inequality. It is time to debunk that false claim.

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The Pigouvian Tax Is a Myth

Economic PolicyThe EnvironmentTaxes and Spending

Blog06/24/2022

Standard neoclassical economics texts claim a Pigouvian tax will lead to the "optimal" price and production of a good. But "optimality" is a myth.

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Government Intervention Is Fueling Food Shortages

World History

Blog06/24/2022

Neither the Ukraine war nor tough weather changes would threaten a global food shortage in a normal market environment. Unfortunately, world markets are riddled with regulations, killing production.

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Who Owns Federal Reserve Losses and How Will they Impact Monetary Policy?

Money and Banking

The Fed is losing a lot of money. The Fed's  stated plan is to monetize these losses and still report a positive capital and surplus position through the use of “creative accounting.”

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Back to the Future: Progressives Imagine the Good Old Days of Price Controls

Economic PolicyInflationPrice ControlsProgressivism

Blog06/23/2022

Inflation is raging and progressives want action. What kind of action? They want to return to the 1970s regime of price controls.

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