Mises Wire

Is the Fed Ready for a Recession?

The FedFinancial MarketsMonetary Policy

Blog03/02/2020

By being so dovish for so long, the Fed has greatly limited what it can do in case of recession without resorting to untried and radical solutions like negative rates.

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How Government Spending Destroys Wealth

Taxes and SpendingInterventionism

Blog03/02/2020

Government spending overall—not just deficits—is the real problem. Government spending diverts wealth away from truly productive people and toward the government and its favored groups.

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Trump Is Trying to Ride the Pentagon Gravy Train to Reelection

Taxes and SpendingWar and Foreign Policy

Blog03/02/2020

Trump is spinning a narrative in which ever larger government budgets—and ever larger piles of deficit spending—create jobs and make America "safe."

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Mises: To Adopt Keynesian Terminology Is to Legitimize It

InflationLabor and WagesMedia and Culture

Blog02/29/2020

Ludwig von Mises discusses inflation, labor unions, and issues of the adoption of improper terminology and widespread public misinformation at the Mont Pèlerin Society meeting at Princeton, New Jersey, on September 11, 1958.

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American Socialism Isn't Marxism—but It's Still a Problem

ProgressivismMedia and CultureSocialism

Blog02/29/2020

To effectively counter this brand of American socialism, it is important to properly identify the problem, and to attack with precision.

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Some State Governments Are Actually Trying to Scale Back Their Regulatory Bureaucracy

Bureaucracy and Regulation

Blog02/29/2020

Unlike in the federal government, some small bits of progress have been made against the regulatory regime at the state level

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Popper and the Course of History

Philosophy and Methodology

Blog02/28/2020

Can a scientific law allow us to predict the course of history? Marxists lean in this direction, but Karl Popper says it's impossible. Is he right?

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Why Don't Pro-Tax Millionaires Just Pay More Tax Voluntarily?

Political TheoryPraxeology

Blog02/28/2020

Many rich people publicly support measures to "raise taxes on the rich." This is because the cost of voting to give away $1 million is far lower than the cost of actually giving it away.

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