Mises Wire

Massive Stimulus Won't Prevent a Eurozone Slowdown

Booms and BustsCronyism and CorporatismMoney and Banks

Blog08/28/2020

Europe's path to long-term stagnation should serve as a reminder for the United States, again, of why it is not advisable to follow the eurozone policies. The results are invariably disastrous.

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Mises on Syndicalism

SocialismCalculation and Knowledge

Blog08/27/2020

Syndicalism is a method of attack by organized labor for the attainment of certain political ends. It requires widespread acts of destruction on "capitalist" institutions as a means of ushering in a socialist regime.

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Mexico’s Unexpected Fiscal Sanity

Global EconomyTaxes and Spending

Blog08/24/2020

President López Obrador of Mexico has surprisingly been a voice of fiscal sanity, refusing to embrace the sorts of enormous stimulus packages that are now so popular worldwide.

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Mises and Rothbard on Democracy

Philosophy and MethodologyPolitical Theory

Blog08/21/2020

Is democracy a vehicle for the peaceful transfer of power out of the hands of an unpopular government? Are ballots a substitute for bullets?

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MMT's Very Odd Definition of "Savings"

Monetary PolicyInterventionismOther Schools of Thought

Blog07/30/2020

Proponents of modern monetary theory have come up with their own idiosyncratic definition of savings in support of their theory. But the common usage of the term shows MMT doesn't work the way its supporters think it does.

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Money-Supply Growth Hits New High for Third Month in a Row

Money Supply

Blog07/25/2020

During June 2020, year-over-year (YOY) growth in the money supply was at 34.47 percent. That's up from May's rate of 29.5 percent, and up from June 2019's rate of 2.04 percent.

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More Laws Mean More Police Brutality

Legal SystemStrategyThe Police State

Blog07/21/2020

Every law must ultimately be enforced using the police power of the state. For those who resist, this means violent arrest and imprisonment. Or worse.

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Modern Monetary Theory's Connection to Soviet-Era Money

Blog07/15/2020

MMT starts to make a little more sense when thinking of it as comparable to money systems used under the USSR and the old Soviet Bloc.

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