Mises Wire

Biden's Big Spending Plans Will Not Revive the Economy

Money and Banking

Blog04/20/2021

Even without deficits or new taxes, Biden's infrastructure spending plan will only create more malinvestment and inflict further damage on an already weakened economy. 

Read More

Biden's Amtrak Infrastructure Scam

Taxes and Spending

Blog04/19/2021

Profit-seeking entrepreneurs move factors of production to their highest and most economical uses. Amtrak, on the other hand, is diverting useful factors of production from higher use values to lower-valued uses. To put it another way, Amtrak is destroying wealth.

Read More

Biden's Colossal Budget Confirms Trump-Era Mega Spending Will Continue

Taxes and Spending

Blog04/10/2021

The Dems are still claiming that welfare spending withered away during the Trump years. But that's obvious nonsense, and Trump's megaspending slathered trillions of dollars on pretty much everything.

Read More

Biden and Janet Yellen Are Pushing a Global Minimum Tax Rate. The EU Is Very Pleased.

Taxes and Spending

Blog04/06/2021

Globalists know that so long as sovereign states have the ability to set their own tax rates, regimes are tempted to engage in “tax competition” in order to attract capital. The cure to this “problem” is a global minimum tax rate.

Read More

Big Debt Plus Rising Interest Rates = Big Danger

Money and Banking

Blog04/03/2021

"Because there's so much debt today relative to 10, 15 years ago, a small debt, a small move in yields, 50 basis points in yields today is equivalent to 2% 15 years ago."

Read More

Biden’s Rescue Plan Won't Reduce Poverty

Poverty

Blog03/19/2021

“Poverty in society is overcome by productivity, and in no other way. There is no political alchemy which can transmute diminished production into increased consumption.”

Read More

Bitcoin, Gold, and the Rush to National Digital Currencies

Blog02/27/2021

A money which can be held in only one form, whether digital coin (as in the case of bitcoin), or banknote, or sight deposit, or metallic coin, for example, is crippled. Yet, exclusive digital form has become a huge selling point for the promotors of bitcoin.

Read More

Burt Blumert's Ninety-Second Birthday

Economic FreedomPhilosophy

Blog02/11/2021

Today would have been Burt Blumert's ninety-second birthday

 
Read More
Shield icon wire