Mises Wire

Washington Still Won't Admit the Real Cause of Price Inflation

Majority Rule

Blog28 min ago

If a politician has no clue about what causes price inflation, she probably isn't going to have any idea about how to fix the problem.

Read More

Why Price Deflation Is Always Good News

Money and Banks

Blog5 hours ago

A general decline in prices is good news for wealth generators, since deflation means the economy is cleaning out its bubble-fueled, wealth-destroying activities.

Read More

The Fed Has No Real Plan, and Will Likely Soon Chicken Out On Rate Hikes

Blog01/26/2022

Powell repeatedly emphasized that the Fed must remain flexible about monetary tightening. Translation: we don't know what's happening and we're likely to reverse course at any time.

Read More

Will the Fed Pop the Everything Bubble?

Blog01/26/2022

The Federal Reserve is aware of the “bubble of everything” created in recent years and the elevated levels of debt throughout the economy. But any tightening is likely to trigger a recession.

Read More

Why Jordan Peterson Quit Academia

Education

Blog01/26/2022

Academia not only generated this cultural revolution but was the site first ravaged by it. Higher education is long gone, and Peterson’s retirement from it is somewhat anticlimactic.

Read More

The Unseen Consequences of the Interstate Highway System

U.S. History

Blog01/25/2022

Today, it’s easy for socialists to point to the Interstate Highway System and exclaim, "Look at what we socialists did to facilitate transportation." They're careful to always ignore the unseen downside.

Read More

George Hearst: Entrepreneur in the Mises Mold

Book ReviewsU.S. History

Blog01/25/2022

The reality is the primary quality of an entrepreneur can’t be taught: the stomach to risk everything and keep wanting more.  

Read More

Review: Understanding Money Mechanics

Book ReviewsMoney and Banks

Blog01/24/2022

Bob Murphy provides the “intelligent layperson a concise yet comprehensive overview of the theory, history, and practice of money and banking, with a focus on the United States.”

Read More
Shield icon wire