Mises Wire

Fed Forecasts: Financial Sport or Costly Distraction?

Booms and BustsThe FedInflationU.S. Economy


Forget Vegas sports betting for reckless speculation. When the Fed officials make projections, the markets assume they are accurate. However, as Jerome Powell himself admits, forecasts are speculative at best.

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Forced Isolation of Patients in the ICU Is Barbaric and Counterproductive

Bureaucracy and RegulationHealthMedia and CultureThe Police State


When covid restrictions were at their tightest, many people died alone in ICUs, as friends and family were kept away in the name of "public health." A more accurate assessment of the policy is to call it barbaric.

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Family Flourishing and State Denigration

Big GovernmentInflationPaternalismProgressivism


As family life descends into crisis in the USA, many conservatives call for state intervention to "fix" things. It's state intervention that created the problems in the first place.

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France's Unrest Has Deep Roots. Proposed Immigration Restrictions Will Make Things Worse

Bureaucracy and RegulationImmigrationMedia and Culture


The rioting in France is not due to racism nor is it the logical end of immigration. Instead, it is rooted in France's minimum wage and other labor restrictions that lead to unemployment and resentment.

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Flying into Foolishness: The DOJ "Saves" Consumers from Low-Cost Airlines

Bureaucracy and RegulationEconomic PolicyLegal System


The DOJ claims that it has "protected" consumers by standing in the way of a partnership between JetBlue and American Airlines. The only thing the DOJ protected was higher-cost flying.

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FedNow Isn't a CBDC, but It Is Dangerous

The FedMoney and BanksU.S. EconomyMoney and Banking


While FedNow seems benign, there is the larger problem of the entire banking system itself being built on a foundation of sand. FedNow can only make that problem worse.

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Fossil Fuels Enable Us to Better Fight Fires and Other Environmental Disasters

Bureaucracy and RegulationThe EnvironmentProgressivism


The latest round of wildfires in Canada has brought out the usual statist demands that we ban fossil fuels, but in the real world fossil fuels protect people from climate-related disasters.

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Finance Discovers Sting: "How Fragile We Are"

Financial MarketsMoney and BanksU.S. EconomyInterventionism


Despite the soothing hot air from the White House and Fed officials, the financial system is becoming increasingly fragile and unstable. Maybe all of that intervention the past decade was not wise.

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