Mises Wire

Developing Countries Don't Need Wealth Transfers; They Need Free Markets

CapitalismEconomic FreedomFree MarketsSocialism


The standard line among the Great Reset crowd is that capitalism exploits poor nations and causes poverty. In reality, capitalism and free markets have reduced poverty around the world.

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Don't Blame Social Media. Blame the Politicization of Nearly Everything



Although social media is blamed for many social ills, the sickness doesn't come from Twitter or Facebook but from how the ruling classes have politicized life itself.

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Degradation and Nationalization: The Inevitable Ways of Russian Autocratic Economic Policy

Big GovernmentSocialismWar and Foreign Policy


Between Western sanctions and its own statist economic intervention, the Russian economy is headed downward and there is not much optimism ahead.

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Debt-Fueled Demand and Oil Price Inflation Brings Airfares Roaring Back

U.S. Economy


Airfares may surge 40 percent or more in 2022. This could be the biggest price increase in many decades. 

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Don't Be Fooled: The World's Central Bankers Still Love Inflation


The Bank of England, the European Central Bank, the American Fed, and the Bank of Japan are all talking a lot about inflation, but none are embracing any real change.

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Does an Increase in Demand Cause Economic Growth? How Keynesians Reverse the Roles of Demand and Supply

KeynesMonetary PolicyFiscal Theory


Standard Keynesian theory posits that if the economy slows, government can revitalize it by increasing spending, which supposedly creates new demand. But government can't create something from nothing.

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Davos Man Is at It Again: The 2022 Annual Meeting of the World Economic Forum

Big GovernmentCronyism and CorporatismProgressivism


Once upon a time, the progressive hero was "socialist man." Today, we have "Davos man," who is ready to plan your life for you—your wishes notwithstanding.

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Disney's Special District Is Not a "City-State" or "Private City"

U.S. Economy


One will occasionally hear from a libertarian activist that Disney World is some sort of model for totally private governance. This is a huge exaggeration of the reality.  

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