Mises Wire

The Wealth Redistribution Scam that Is "Inflation"

Booms and BustsMoney and Banks

Blog12/24/2019

As money loses its purchasing power, income and wealth are stealthily redistributed. Some individuals and groups of people are enriched at the expense of others.

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The American Empire

U.S. History

12/23/2019Articles of Interest
The Roman Empire never doubted that it was the defender of civilization. Americans have added freedom and democracy. Yet the more that may be added to it the more it is the same language still. A language of power.
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Three Arguments Debunking Marx’s Labor Theory of Value

Labor and WagesSocialismOther Schools of Thought

Blog12/21/2019

As dismissive as many of us would like to be toward Marx’s thoroughly debunked labor theory of value, it still holds currency among today’s budding socialists.

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That Which Is Seen, and That Which Is Not Seen

Legal SystemPhilosophy and MethodologyPolitical Theory

12/18/2019Articles of Interest
In the department of economy, an act, a habit, an institution, a law, gives birth not only to an effect, but to a series of effects.
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The Disaster of Zimbabwe's Price Controls

Global EconomyWorld History

Blog12/16/2019

Zimbabwe's government has embraced a potent mixture of monetary inflation and price controls. The result has been economic disaster.

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The Economic Consequences of the Peace: 100 Years Later

War and Foreign PolicyWorld HistoryOther Schools of Thought

Blog12/16/2019

John Maynard Keynes's stance on German reparations in the wake of the First World War may have precipitated the rise of Hitler.

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The US Economy Is Being Japanified — Thanks to the Fed

The FedGlobal Economy

Blog12/14/2019

Central bankers are increasingly talking about raising the inflation target above 2 percent. Are negative interest rates next?

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The Tory Landslide May Soon Bring Scottish Independence

12/13/2019Power & Market

If Scots choose Holyrood over Westminster, or even Brussels over Holyrood, who are we to object?

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