Mises Wire

The US's "Free Trade" Isn't Very Free

Protectionism and Free Trade

Blog7 hours ago

Whether we're talking about the Trump years or not, the idea that the United States embraces unconditional free trade at all costs — while being victimized by foreign protectionists — is based on fantasy.

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Fed-Driven Asset Price Inflation Means You Can Now Buy Less House Than You Could Before

Booms and BustsInflationMonetary Policy

Blog9 hours ago

Central banks are driving asset price inflation in stocks and real estate. That means people holding those assets get richer. But everyone else just gets higher prices.

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Don't Forget About the Trade War

Global EconomyProtectionism and Free Trade

Blog02/27/2020

Trump clearly views trade in a zero-sum, mercantilist manner, with the country possessing a deficit “losing” and “down.” But continuing the trade war only makes recession more likely for both sides. Luckily China is stalling on committing to a trade agreement.

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Henry Hazlitt on Longines Chronoscope

Media and Culture

Blog02/26/2020

Henry Hazlitt cohosted the CBS series Longines Chronoscope from June 16, 1952. The series ran from 1951–55 and featured notable people of the time.

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The Entrepreneurial Advantages of Building Human Capital While Young

The EntrepreneurMedia and Culture

Blog02/26/2020

Everything you learned from family dinner conversations and your culture served to build your human capital. Across the globe, the people of various regions cultivate certain skills that enable individuals to consider entrepreneurship as a viable choice of work.

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The EU's Latest Screw-You to the UK Shows a Big Problem with Trade Agreements

Protectionism and Free Trade

Blog02/26/2020

Most "free trade" agreement are really just ways to expand the regulatory state and rob the consumers of the benefits they might have gotten from actual free trade.

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Four Reasons Inequality Isn’t What You Think It Is

The EntrepreneurPovertySocialism

Markets are not the enemy of inequality. Regulated markets are. The income inequality that naturally occurs in the free market as a result of human uniqueness is needlessly amplified by restrictive government policies to the detriment of all.

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Central Banking since the 2008 Financial Crisis

The Fed

Blog02/25/2020

In the wake of the financial crisis of 2008, the Federal Reserve and other central banks around the world adopted new “tools” to influence economic activity in addition to its standard open market operations.

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