Mises Wire

Three Reasons Why the Biden Tax Increase Makes No Sense

Taxes and Spending

Blog9 min ago

Biden’s tax increase plan does not make sense from a growth, revenue, or deficit perspective, and it does virtually nothing to address the real problem: ballooning spending on programs like Social Security.

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Decentralization, Absolutism, and the Papal States

Book Reviews

Blog05/05/2021

The Papal States offer a helpful case study in understanding the transformation of Europe in the nineteenth century. Unfortunately, Kertzer's study on the topic is couched in faulty notions of enlightenment and medievalism. 

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What Happens When Governments Force Corporate Boards to Appoint More Women

Bureaucracy and Regulation

Blog05/05/2021

Recent legislation in California mandates more women on corporate boards. This is supposed to shift the balance in corporate America in favor of female employees and managers. It doesn't seem to be working. 

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Monetary Pumping and Idle Resources

Money and Banking

Blog05/05/2021

A loose monetary policy that is aimed at boosting use of idle resources won't work. Idle resources only become profitable and efficient when we have enough real savings. Unfortunately, easy money policies destroy real savings. 

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Political Competition vs. Market Competition

Property RightsWorld History

Blog05/04/2021

In a market economy, it is not the warlord or strongman who seizes control and lords it over his subjects. Rather, it is the common man as consumer who sets the terms for victory in the marketplace.

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The Ruling Class Only Cares about Democracy When It Helps Them

Blog05/04/2021

Democracy is only acceptable when the outcome is what the ruling class wants. Fortunately, the federal courts are always handy to overturn the results of free elections. 

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Why Is There No Correlation Between Masks, Lockdowns, and Covid Suppression?

Bureaucracy and Regulation

Blog05/04/2021

Those who demand government-enforced lockdowns and mask mandates still can't seem to explain why we still can't find a correlation between lockdowns and covid infections or between mask wearing and mask mandates. 

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How Trillions in Newly Printed Money Created a Labor Shortage

Labor and Wages

Blog05/03/2021

The US has millions of idle workers. In a normal economy this would put a damper on demand. But in our money-printing economy, consumer demand is surging even as production falls behind. An employment bubble is the result. 

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