Mises Wire

We Need More Inequality, Not Less

Free MarketsProgressivism

Blog07/15/2022

Progressives claim that inequality is causing poverty and making people's lives worse. In reality, inequality leads to better economic outcomes overall and pulls more people out of poverty.

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Consumers, Workers, and Monopolies: Free Markets Serve All

Economic FreedomFree MarketsMonopoly and Competition

Blog07/14/2022

The ruling class is claiming that free markets are nothing more than a "trickle-down" scheme. But a free market system really does serve society best.

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Like the Old McCarthyism, the New McCarthyism Targets Russia

ProgressivismSocialismU.S. HistoryWar and Foreign Policy

Blog07/14/2022

In the 1950s, McCarthyism targeted people who were accused of supporting Russia. Today's McCarthyism targets people accused of supporting … Russia. Some things never change.

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Inflation Hits 9.1 Percent after Months of Empty Talk at the Fed

Money and Banks

Blog07/13/2022

June was the fifteenth month in a row during which price inflation outpaced earnings growth. June's gap is also among the biggest we've seen in decades.

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Argentina's Difficult Political Landscape and Libertarian Prospects for Change

Bureaucracy and RegulationDemocracyEconomic FreedomSocialism

Blog07/13/2022

Once wealthy Argentina has suffered under one interventionist regime after another for nearly a century. What are the prospects for changing things for the better?

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The Fed Cannot Go Bankrupt; However, It Can Bankrupt the Country

The FedInflationU.S. Economy

Blog07/13/2022

The Keynesians running our economic life may be reassured that the Fed cannot fail in a technical sense, but the public should be appalled.

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Money Supply Growth Fell Again in May as More Recession Alarms Ring

Money Supply

Blog07/12/2022

During May 2022, year-over-year (YOY) growth in the money supply was at 6.97 percent. That's down from April's rate of 7.25 percent, and down from May 2021's rate of 15.4 percent. The growth rate peaked in February 2021 at 23.12 percent.

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Turns Out the Elites Like the Administrative State Better than Democracy

Bureaucracy and RegulationCapitalismCronyism and CorporatismDemocracyLaw

Blog07/12/2022

The New York Times claims that the "administrative state"—that is, governance by unelected bureaucrats—protects our country and enhances democracy.

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