Mises Wire

The Keynesian Multiplier Is an Illusion

Money and BanksMoney and Banking

Blog04/27/2018

Keynes's writings remain as influential today as they were 80 years ago. Isn't it time for a re-evaluation?

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Trump's Tariffs Are a Tax on Americans

Protectionism and Free Trade

Blog03/05/2018

Employers that rely on aluminum and steel will now have to pay more for those resources, meaning workers will see lower wages and less hiring. 

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The True Money Supply Is Flashing Red

Money and BanksMoney and BankingMoney Supply

Blog02/26/2018

The suppression of the TMS growth rate, if it is sustained for the rest of the year, portends another credit crisis and housing bust.

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The Myth of Insufficient Demand

Business CyclesPricesValue and Exchange

Blog12/30/2017
The more goods that an individual can produce the more goods he can demand, and thus acquire.
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The Uniqueness of Western Law

World History

Blog12/29/2017
The study of Western Civilization has been all but eradicated. This was no accident.
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The Yield Curve Accordion Theory

Money and BanksMoney and Banking

Blog12/26/2017
The Fed dictates to markets at least as much as it reacts to markets.
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The Tea Party, Ten Years Later

U.S. History

Blog12/18/2017
There's the antiwar Ron Paul version of the Tea Party movement — and then there's the fake, pro-war Sarah Palin version.
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The Fed's Fantasy on Neutral Interest Rates

The FedCapital and Interest Theory

Blog12/11/2017
The Fed is trying to establish a level of interest rate that corresponds to the conditions of the free market. Unfortunately, this is impossible.
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