Mises Wire

Inflation: This Time Is Different

Inflation

Blog07/18/2020

There's more saving and less spending. This would bring deflation, but there's a catch: we're making less stuff, which means more money chasing fewer goods.

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In Bid to Extend Lockdowns, Leftist Governors Embrace "States' Rights"

U.S. History

Blog04/16/2020

In an effort to defy Donald Trump, Andrew Cuomo, NBC, and CBS have suddenly embraced what they have long hated: state sovereignty and the extensive decentralization mandated by the Tenth Amendment.

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In March, US Deaths from COVID-19 Totaled Less Than 2 Percent of All Deaths

Health

Blog04/06/2020

How much must total mortality increase to justify a global suspension of commerce and the rule of law? One percent? Ten percent? And what if overall mortality doesn't even go up?

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If China Is the Problem, Can't We at Least Have Free Trade with Everyone Else?

Protectionism and Free Trade

Blog03/10/2020

Protectionists think China is a geopolitical threat. I get that. But their (weak) arguments about China don't apply at all to the rest of the world.

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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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If Trump Decides to Start a Nuclear War, No One Can (Legally) Stop Him

War and Foreign Policy

Blog01/08/2020

There's no evidence Trump is more trigger-happy than any other president, but the presidency's unchecked nuclear-launch power will remain a problem both now and with future presidents.

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In Healthcare, a Little Bit of Market Freedom Goes a Long Way

Cronyism and CorporatismFree MarketsHealth

Blog12/30/2019

Clearly marked prices on private-sector cash-payment surgeries are a great thing. In fact, the competition of for-profit surgery centers drives down prices at more "traditional" (i.e., highly bureaucratized) hospitals.

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Is 150 Years of Bank Credit Expansion Nearing Its End?

U.S. HistoryMoney and Banking

Blog12/14/2019

Central bankers want to find a means of resetting everything, exploring solutions such as digitising currency through blockchains, doing away with cash, and finding other avenues to try to control the so-called vagaries of free markets.

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