Mises Wire

The Fed Has No Real Plan, and Will Likely Soon Chicken Out On Rate Hikes

Blog2 hours ago

Powell repeatedly emphasized that the Fed must remain flexible about monetary tightening. Translation: we don't know what's happening and we're likely to reverse course at any time.

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Will the Fed Pop the Everything Bubble?

Blog9 hours ago

The Federal Reserve is aware of the “bubble of everything” created in recent years and the elevated levels of debt throughout the economy. But any tightening is likely to trigger a recession.

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Why Jordan Peterson Quit Academia

Education

Blog01/26/2022

Academia not only generated this cultural revolution but was the site first ravaged by it. Higher education is long gone, and Peterson’s retirement from it is somewhat anticlimactic.

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The Unseen Consequences of the Interstate Highway System

U.S. History

Blog01/25/2022

Today, it’s easy for socialists to point to the Interstate Highway System and exclaim, "Look at what we socialists did to facilitate transportation." They're careful to always ignore the unseen downside.

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George Hearst: Entrepreneur in the Mises Mold

Book ReviewsU.S. History

Blog01/25/2022

The reality is the primary quality of an entrepreneur can’t be taught: the stomach to risk everything and keep wanting more.  

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Review: Understanding Money Mechanics

Book ReviewsMoney and Banks

Blog01/24/2022

Bob Murphy provides the “intelligent layperson a concise yet comprehensive overview of the theory, history, and practice of money and banking, with a focus on the United States.”

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The Marxist Myth of the "Treadmill of Production"

Blog01/24/2022

The Marxist "treadmill of production" theory holds that markets cannot grow without creating environmental catastrophes. Here's why they're wrong.

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It's Time to Break Up New York State

U.S. History

Blog01/22/2022

Often the biggest barrier secession movements face is the widely held (and ludicrous) belief that our current set of lines on a map are sacred and must be preserved.

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