Mises Wire

Money Supply Growth Climbs to 36-Month High

The FedFinancial MarketsMonetary PolicyMoney Supply

Blog02/28/2020

During January 2020, year-over-year (YOY) growth in the money supply was at 6.32 percent. That's up from December's rate of 5.53 percent, and up from January 2019's rate of 3.38 percent.

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The US's "Free Trade" Isn't Very Free

Protectionism and Free Trade

Blog02/27/2020

Whether we're talking about the Trump years or not, the idea that the United States embraces unconditional free trade at all costs—while being victimized by foreign protectionists—is based on fantasy.

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The EU's Latest Screw-You to the UK Shows a Big Problem with Trade Agreements

Protectionism and Free Trade

Blog02/26/2020

Most "free trade" agreements are really just ways to expand the regulatory state and rob the consumers of the benefits they might have gotten from actual free trade.

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Central Banking since the 2008 Financial Crisis

The Fed

Blog02/25/2020

In the wake of the financial crisis of 2008, the Federal Reserve and other central banks around the world adopted new “tools” to influence economic activity in addition to its standard open market operations.

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The WTO Is Both Irrelevant and Unnecessary

Blog02/24/2020

The World Trade Organization was not the reason global trade was liberalized in past decades. And now, even if such a thing were desirable, the WTO is in no position to force liberalization on countries like the US, China, or India. Thus, the WTO is both unnecessary and irrelevant.

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Abolish Government Schools

EducationCalculation and Knowledge

Blog02/24/2020

Even if it’s true that some wouldn’t be able to afford schooling without government financial assistance, the idea that this necessitates the government creating and running its own schools is a glaring non sequitur.

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Why Rothbard Wanted "Radical Decentralization"

Decentralization and SecessionHistory of the Austrian School of Economics

Blog02/21/2020

Secession and decentralization are good for two reasons: they move us toward a society with more individual freedom. And smaller, more decentralized societies are more economically free.

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Why It's so Hard to Escape America's "Anti-Poverty" Programs

Economic FreedomPovertyTaxes and Spending

Blog02/20/2020

Between the regulation of business and penalties for rising income, anti-poverty policies in America make it so that many workers have no clear path to escape poverty.

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