Mises Wire

The Fed Slashes Rates as Powell Declares Economy "Strong"

The FedFinancial MarketsMonetary Policy

Blog03/03/2020

Today's rate cut of 50 basis points is the largest rate cut since December 2008, in the midst of the aftermath of the financial crisis. But Chairman Powell insists the US economy is "strong."

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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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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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The Green Fatal Conceit: Why Physical Science Can’t Tell Us Proper Policy Goals

Big GovernmentThe Environment

Blog02/19/2020

The so-called CLEAN Future Act is as poorly designed as its acronym. Like the Green New Deal, it consists of radical new spending proposals that the bill’s supporters would have liked for other reasons, and which aren’t even compatible. 

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The Anticapitalist Front

Media and CultureSocialism

Blog02/12/2020

The rising generation is brought up in an environment that is engrossed in socialist ideas.

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This Austrian Legal Scholar Thought Case Law Was the Key to Limiting State Power

Legal System

Blog02/07/2020

For Eugen Ehrlich, case law—as opposed to legislative law—could be be an effective tool in limiting state power and returning power to nonstate institutions.

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The Theory and Brief History of Money and Banking

The FedMonetary TheoryMoney and Banking

Blog01/29/2020

Why do we have money in the first place? Where does it come from, and what determines its form? What qualities make for a good money? What role do banks play—is it something other than what money itself does for us?

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