Mises Wire

The Great Reset, Part V: Woke Ideology

PhilosophyPlanningPolitical Theory

Blog4 hours ago

How would a reset of the mass mind come to pass that would allow for the many elements of the Great Reset to be put into place—without mass rebellion, that is? This is the function of ideology.

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The Purpose of Political Demigods like Lincoln and the "Founding Fathers"

Book Reviews

Blog7 hours ago

How do we convince people to submit themselves to the regime or to even die for it? Convince them that the regime was founded and sustained by a breed of superhuman "statesmen" like Wilson, Lincoln, and the "Founding Fathers."

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Bitcoin, Gold, and the Rush to National Digital Currencies

Blog02/27/2021

A money which can be held in only one form, whether digital coin (as in the case of bitcoin), or banknote, or sight deposit, or metallic coin, for example, is crippled. Yet, exclusive digital form has become a huge selling point for the promotors of bitcoin.

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Minimum Wage, Maximum Discrimination

Bureaucracy and Regulation

Blog02/26/2021

Eugenicist Progressives introduced the minimum wage, because it was well suited to perform the Progressives’ dirty work of discriminating against (what they considered) the least productive by making them unemployable.

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American Households Made Economic Gains before Covid, but This Progress Can Be Lost

U.S. EconomyU.S. History

Blog02/26/2021

Before 2020, there were growing signs of increasing economic prosperity for a wide variety of income groups in America. Whether or not this prosperity survives covid lockdowns and ever higher levels of government regulations remains to be seen.

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The Dangers Lurking behind a Digital Euro

Money and Banking

Blog02/26/2021

As soon as cash has been pushed back or stripped away entirely, monetary policymakers can implement an uninhibited negative interest rate policy to devalue debt. Customers can no longer get out of the “bank balance sheet”; the final escape door is then locked. 

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Japan's Well-Fed Zombie Corporations

Money and Banking

A growing number of fragile and deeply indebted enterprises have become more dependent on government bailouts, loans, subsidies, short-time working benefits, and loans from central banks. 

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The PRO Act Is Not Just a Union Handout—It's an Assault on the Freedom of Association Itself

U.S. History

Blog02/25/2021

The bill’s supporters may talk about how it will give workers the ability to choose to organize at work, but much like the mafia, this bill will ensure that the choice to unionize is one that workers can’t refuse.

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