Mises Wire

Bernie Sanders and Robert Reich Don't Just Want to Tax the Rich, They Want to Abolish Billionaires

Big GovernmentSocialismTaxes and Spending

Blog12/20/2019

The American Left used to argue that we needed higher taxes on the rich so they would "pay their fair share." Nowadays, they are arguing that billionaires shouldn't exist at all.

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Where's the Inflation? It's in Stocks, Real Estate, and Higher Ed

Blog12/16/2019

Price inflation is probably down in energy, food, and apparel. But asset price inflation in stocks and real estate is significant.  This means high rents and high home prices for ordinary people. 

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James Comey Insists the FBI Isn't Evil, It's Only "Grossly Incompetent"

12/16/2019Power & Market

We have two options in explaining how the FBI conducted itself in relation to the FISA court and its clearly illegal and immoral efforts to spy on at least one American citizen involved in the 2016 presidential campaigns: 1. Gross incompetence/negligence. 2. Intent to do harm.

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Is 150 Years of Bank Credit Expansion Nearing Its End?

U.S. HistoryMoney and Banking

Blog12/14/2019

Central bankers want to find a means of resetting everything, exploring solutions such as digitising currency through blockchains, doing away with cash, and finding other avenues to try to control the so-called vagaries of free markets.

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The US Economy Is Being Japanified — Thanks to the Fed

The FedGlobal Economy

Blog12/14/2019

Central bankers are increasingly talking about raising the inflation target above 2 percent. Are negative interest rates next?

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Embrace Unilateral Free Trade with the UK — Right Now

Protectionism and Free Trade

Blog12/13/2019

Americans ought to begin thinking of trade between the US and the UK as something comparable to trade between California and Idaho.

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The Silicon Valley Gulag

Big GovernmentBook ReviewsU.S. History

Blog12/12/2019

In his new book Google Archipelago, Rectenwald asserts the Google Archipelago re-upping of Marx is not only practically Marxist, but conceptually and structurally so.

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A History of Inflationary Money: From 1844 to Nixon

Booms and BustsGlobal EconomyBusiness Cycles

Blog12/11/2019

It is a huge mistake to call the repeating cycle of boom and bust a business cycle. That name implies the bust is the failure of markets and capitalism. But it is really due to monetary and credit inflation licensed and promoted by governments and central banks.

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