Mises Wire

Powell's Oversized Confidence about US Bank Health: Hubris Runs Rampant at the Fed

The FedFinancial MarketsMoney and BanksU.S. Economy

Blog53 min ago

In a recent interview with 60 Minutes, Fed chairman Jerome Powell gave assurances that the US banking system is sound. Ben Bernanke also claimed almost twenty years ago that real estate markets were not overextended. The hubris must be in the water at the Eccles Building.

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Privatizing Roads Solves the Problem of Road Closures

Bureaucracy and RegulationFree MarketsProperty Rights

Blog01/01/2024

All of us have experienced government road closures and the traffic and safety nightmares they create. Private roads may be the answer to solving the problem.

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Political Authorities and Covid: Creating Crises in the Name of Public Health

Big GovernmentHealthThe Police StateU.S. History

Blog12/15/2023

In the name of dealing with a so-called public health crisis, U.S. political and medical elites created even more crises. David Gordon reviews Tom Woods' new book that deconstructs the disastrous decisions made by progressive politicians and medical authorities.

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President Biden Is Wrong. Military Spending Does Not Produce Wealth

Big GovernmentTaxes and SpendingU.S. EconomyWar and Foreign Policy

Blog12/14/2023

In his latest defense of bloated military spending, President Joe Biden claims that the military budget creates real wealth. Instead, military spending is destroying it.

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Paul Krugman Blames Economic Pessimism on Partisanship. He’s Wrong.

Booms and BustsInflationMedia and CultureU.S. Economy

Blog12/04/2023

Paul Krugman has an easy answer for those that ask why people are pessimistic about the economy: the dastardly Republicans have fooled everyone. There are good reasons for the pessimism that we shouldn’t ignore, however.

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Progressive Interventionism Is Ruining American Healthcare

Bureaucracy and RegulationCronyism and CorporatismHealthProgressivism

Blog11/29/2023

Sen. Elizabeth Warren is at it again: demanding government intervention in the nation's healthcare system to deal with problems caused by earlier government intervention.

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Private Medical Care STILL Is a Better Deal Than Government Care

Bureaucracy and RegulationEconomic PolicyFree MarketsHealth

Blog11/24/2023

Americans are constantly told that Europeans have wonderful medical care provided by their governments. In reality, private care is gaining ground because it provides better care and a better deal.

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Preserving the Statist Quo: Creating a Generation of Welfare-ing, Libertine Narcissists

Cronyism and CorporatismMedia and CulturePoliticsWar and Foreign Policy

Blog11/20/2023

Not only is Washington in political turmoil, but the policies emanating from the Beltway are more incoherent than ever.

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