Mises Wire

How Bad Were Recessions before the Fed? Not as Bad as They Are Now

Booms and BustsThe FedInflationBusiness Cycles

Blog5 hours ago

The Federal Reserve was supposed to prevent recessions that people blamed on the lack of central banking. Not surprisingly, the post-Fed recessions have been worse.

Read More

Economic Winter Has Arrived

The FedInflationU.S. EconomyBusiness Cycles

Blog10 hours ago

The Federal Reserve is raising interest rates and we know what follows, given there has been more than a decade of malinvestments building up: severe recession.

Read More

Contra Ben Bernanke, the Gold Standard Promotes Economic Stability

Booms and BustsThe FedInflation

Blog06/27/2022

Ben Bernanke once claimed that a monetary gold standard caused economic instability. He failed to mention that his fiat money standard causes the boom-and-bust cycles.

Read More

How Governments Expropriate Wealth with Inflation and Taxes

Money and Banks

Blog06/27/2022

Did you feel happy when the government gave you a check paid with printed money? Watch now as your daily groceries, gas and power become unaffordable.

Read More

Markets Promote Real Equality Much More Than Progressive (and Conservative) Critics Claim

Economic FreedomFree Markets

Blog06/25/2022

A standard criticism of free markets is that markets promote inequality. It is time to debunk that false claim.

Read More

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.

Read More

The Pigouvian Tax Is a Myth

Economic PolicyThe EnvironmentTaxes and Spending

Blog06/24/2022

Standard neoclassical economics texts claim a Pigouvian tax will lead to the "optimal" price and production of a good. But "optimality" is a myth.

Read More

Government Intervention Is Fueling Food Shortages

World History

Blog06/24/2022

Neither the Ukraine war nor tough weather changes would threaten a global food shortage in a normal market environment. Unfortunately, world markets are riddled with regulations, killing production.

Read More