Mises Wire

Western Economies Are Self-Destructing with Inflation, Debt, and Taxes

Money and Banks

Blog12/24/2021

Thanks to covid shutdowns, declining productivity finally brought price inflation to the fore. But the world's governments have learned nothing and cling to the same inflationist policies. 

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What Chicago's Mayor Gets Wrong about Private Security

Bureaucracy and Regulation

Blog12/22/2021

Mayor Lori Lightfoot chided businesses for not doing enough to protect themselves from theft. But Chicago's government does a lot to prevent private businesses from doing this.

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Welcome to a New Chapter in the Latest Boom-Bust Cycle

Money and Banks

Blog12/21/2021

The Fed admits inflation is a problem, so now begins the search to find a fix that doesn't involve a recession or anything else that might allow the economy to heal its malinvestments.

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Who Will Inflate Faster? Europe or the Fed?

Money and Banks

Blog12/18/2021

The demand for money is key in exchange rates and a major factor in the exchange rate is the relative change in the growth of respective money supplies. 

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Why "Macro" Thinking in Economics Is Such a Problem

Socialism

Blog12/18/2021

The knowledge of government planners is much overrated. Instead, we must "trust no man beyond his infinitesimal area of competence; hold him to the very little he knows."

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When Fiat Currency Stops Being Money

Money and Banks

Blog12/04/2021

If the private sector does not accept a currency as a general means of payment and a store of value, the currency becomes worthless and ceases to be money. Ultimately, it becomes useless paper.

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We've Only Just Begun to See the Benefits of the New Surge in Homeschooling

Blog12/01/2021

For decades, countless parents have been on autopilot when it comes to letting the state manage their child's education. But over the past two years, millions of parents have begun to take control.

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We're All Talking about Inflation, but Deflation May Also Be on the Way

Money and Banks

Blog11/30/2021

When prices fall as a result of rising wealth that's good news. But deflation is also good news when it follows the bursting of a financial bubble caused by money creation.

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