Mises Wire

Credit Suisse Collapsed Because of Government Intervention, Not Despite It

Bureaucracy and RegulationInflationMoney and Banks

Blog4 hours ago

The standard narrative around current bank failures is that they occur because of a lack of regulation. Credit Suisse was heavily-regulated; that was the problem.

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Climate Activism: The Second Children’s Crusade

The EnvironmentProgressivismWorld History


The "first" Children's Crusade of 1212 ended in tragedy for those taking part. The "second" crusade is not going to produce any happy endings, either.

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Central Bank Digital Currencies Would Bring Hyperinflation

U.S. History


The only thing that saves citizens from much higher prices is the fact that the transmission mechanism of monetary policy is independent and diversified. Imagine if that transmission was direct and had only one channel, the central bank itself.

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China's Emerging Global Leadership Isn't Just the Result of Subsidies: Entrepreneurship Still Matters in This Market

Corporate WelfareCronyism and CorporatismThe EntrepreneurFree Markets


It is easy to dismiss Chinese advancements in electric vehicles as the result of government subsidies, but private entrepreneurship also is playing a major role.

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Capitalism Has Improved Life in India, but the Spirit of Collectivism Still Dominates

Economic PolicySocialismWorld HistoryEntrepreneurship


In 1991, India's political leaders moved away from socialism, embracing markets and improving the economy. But Indian elites continue to push socialism to the detriment of the people.

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Covid-19: Will the Political and Health Scandals Erupt into the Public Light?

Bureaucracy and RegulationPoliticsProgressivismThe Police State


Three years after the covid virus hit the world, we are just starting to take a hard look at the damage caused by the covid restrictions. The "experts" not only were wrong; they were scandalously wrong.

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Concentrate Where the Murders Are Concentrated

Media and CultureProgressivism


Progressives like to claim that "America" has a "gun violence problem." However, the "gun violence problem" happens to exist in places where progressives dominate the government.

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Central Banks Turn to Gold as Losses Mount

Monetary Policy


The only reason central banks buy gold is to protect their balance sheets from their own monetary destruction programs; they have no choice but to do so.

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