Mises Wire

The Fed Holds the Fed Funds Rate Steady—Because it Doesn't Know What Else To Do

Money and Banks

Blog5 hours ago

If we read between the lines, it is apparent that the Fed is hoping that price inflation will fall to politically acceptable levels without any additional tightening, and without a recession.  But "hope" is all the Fed has. 

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The US Military Is Laying the Groundwork to Reinstitute the Draft

Big GovernmentPoliticsWar and Foreign Policy

Blog6 hours ago

Not satisfied with the futile and destructive wars it has fought in this century, leaders of the US Armed Forces now want reinstatement of the draft. Instead, perhaps our government should give peace a chance.

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Even Though They Are in Long-Term Decline, Labor Unions Still Threaten the Economy

Economic PolicyFree MarketsLabor and WagesMedia and Culture

Blog9 hours ago

Although the percentage of the unionized U.S. workforce has fallen in recent decades, labor unions still are a threat to our economy and our collective wellbeing.

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Our Fall Campaign Starts Today!


The mission of the Mises Institute is simple. We want to spread ideas that are vital for a free and prosperous civilization. Will you stand behind us?

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The State against Anonymity

LawLegal SystemMedia and CultureThe Police State


Governments are using intimidation to regulate independent journalists on the decentralized internet.

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Bank CEOs Have Their Heads in the Clouds

Booms and BustsThe FedMoney and Banks


No matter the situation, bank CEOs believe that the Big Score is just around the corner. Then reality hits.

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Defending the Undefendable Investments

Economic FreedomThe EntrepreneurMedia and CultureProtectionism and Free Trade


In the spirit of Walter Block's classic Defending the Undefendable, Kevin Duffy looks at the "undefendable" investments and economic choices and finds them profitable.

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Dollarization in Argentina Will Not Promote Freedom

Central BanksDemocracyStrategyTaxes and SpendingWorld History


While the prospect of Javier Milei being elected president of Argentina is attractive, his plan to "dollarize" the Argentine economy will fall well short of hopes and expectations.

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