Mises Wire

The Steep Cost of Sanctions for Europe and Russia

War and Foreign Policy

Blog02/21/2022

The Ukraine crisis arrives in the middle of an evident slowdown of the largest economies after the placebo effect of massive stimulus plans has already worn off.

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The European Central Bank Is Trapped Like the Fed

Money and Banks

Blog02/19/2022

Like America's central bank, the European Central Bank can't let interest rates rise without facing some big negative repercussions.

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The Avocado Ban Shows the High Cost of Nontariff Protectionism

Global EconomyProtectionism and Free Trade

Blog02/18/2022

This week's avocado ban—and the behind-the-scenes regulatory regime governing avocado imports—reminds us that there is no such thing as free trade between the US and Mexico.

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The New Antieconomics

Big GovernmentEconomic Freedom

Blog02/16/2022

Economics starts and ends with scarcity, an inescapable reality of human existence. Antieconomics, personified today by MMT, starts with abundance and works backward. 

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The Covid Panic Brought Even More Economic Zombification

Global Economy

Zombie companies, which were already a problem in 2019, have not only not been killed off but have multiplied. The zombie apocalypse could be closer than we imagine.

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The War Party Wants a New Cold War, and the Money That Comes with It

World History

Blog02/12/2022

The new cold warriors are gaslighting the public on military spending, claiming spending isn't "keeping up." They want hundreds of billions in new taxpayer dollars. 

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This Is How the Progressives Will Write the History of Covid

World History

Blog02/12/2022

Progressives will write the history of covid to hide the mistakes of progressive "experts" and to distance themselves from disastrous or pointless policies. They've done it before. 

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The Growing Pile of Public Debt Shows that Inflation Is Here to Stay

Global Economy

Blog02/09/2022

One obstacle to weeding out inflation is the large stock of public debt, which is growing even in countries once known for relative fiscal frugality. This suggests interest rates must be kept low indefinitely.

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