Mises Wire

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

DemocracyStrategy

Blog06/25/2022

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

Blog06/07/2022

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

Blog06/03/2022

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

Blog06/02/2022

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

Blog06/01/2022

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

Blog05/31/2022

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

Blog05/02/2022

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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Delusion Reigns at the Eccles Building

The FedInflationUnemployment

While the Fed governors claim "all is well" and that inflation is "transitory," the bad news continues to pile up. Inflation will be with us for a long time.

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