Mises Wire

It’s Time to Bust the Myth of Fed Omnipotence

Booms and BustsThe FedMoney and BanksU.S. Economy

Blog8 hours ago

One of the biggest and most pervasive myths in modern-day economics is the myth of the omnipotence of the Federal Reserve.

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Inflationary Expectations Do Not Cause Inflation

InflationMonetary PolicyMonetary TheoryOther Schools of Thought

Blog11/30/2023

According to mainstream economists, the expectation of inflation leads to higher prices. That is impossible, however, because actual inflation involves real increases in the money supply.

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Is ExxonMobil's Acquisition of Pioneer Natural Resources a "Threat to Democracy"?

Economic PolicyFinancial MarketsMedia and CultureU.S. Economy

Blog11/14/2023

According to a Brown University professor, ExxonMobil threatens our democratic republic by purchasing another company. The totalitarian woke atmosphere in American higher education is the real threat.

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Individual Health Insurance Mandates Are Mandates, Not Taxes

Big GovernmentBureaucracy and RegulationProgressivismTaxes and Spending

Blog11/09/2023

When the Supreme Court ruled that Obamacare mandates really are taxes, it twisted logic into a pretzel. Forcing people to pay for health insurance is still a mandate.

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Israel Isn’t the Brilliant Friend of Freedom the Beltway Claims It to Be

DemocracyThe Police StateWar and Foreign Policy

Blog11/07/2023

While Israel receives praise for being a "democracy" in the undemocratic Middle East, its surveillance policies mirror those of China, which is decidedly not democratic.

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Is Migration a Tool of the Consumptive Class?

Cronyism and CorporatismEconomic PolicyMinarchyProgressivism

Blog11/06/2023

An unfortunate consequence of increased wealth is the growth of the parasitic consumptive class of political and cultural elites. Labor migrations often follow in the wake of damage that elites do.

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If the Fed Goes, The State Will Soon Follow

Big GovernmentThe FedPoliticsU.S. History

Blog10/25/2023

The leviathan US state would not be possible without the Fed underwriting its growth. But the Fed is not all-powerful, nor can it continue to exist by only creating chaos.

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Is a Welfare State Consistent with Libertarianism?

LibertarianismPaternalismProgressivism

Blog10/20/2023

David Gordon reviews Dan Moller's book Governing Least: A New England Libertarianism, in which the author examines the issue of a welfare state in a libertarian society.

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