Mises Wire

GDP Shrinks Again as Biden Quibbles over the Definition of "Recession"

Money and BanksU.S. Economy

Blog07/28/2022

The state of the economy is not good. Powell knows it. Yellen knows it. Most people in the real world know it. 

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Government "Stimulus" Schemes Fail Because Demand Does Not Create Supply

The FedFree Markets

Blog07/26/2022

Keynesians believe that if government spends more, it creates wealth in the process because it is "creating demand." But only wealth generation can create demand for goods.

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GDP Provides a False Reading of the State of the Economy

Booms and BustsThe FedBusiness Cycles

Blog07/19/2022

Most economists see GDP as a snapshot of the performance of the economy. However, it is better understood as a misleading statistic which fails to accurately describe what really is happening economically.

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Government Intervention Is Fueling Food Shortages

World History

Blog06/24/2022

Neither the Ukraine war nor tough weather changes would threaten a global food shortage in a normal market environment. Unfortunately, world markets are riddled with regulations, killing production.

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Greenspan Would Be Proud: A Lesson in Fed Speak

The FedMoney and Banks

Blog06/04/2022

The Federal Reserve continues the proud Greenspan tradition of obfuscation and confusing language to describe its reckless actions.

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Government Spending Is the Real Tax; Deficits Are a Sideshow

Economic PolicyProgressivismFiscal Theory

Blog05/26/2022

While politicians claiming to be "fiscally responsible" call for balanced budgets, the real drag on the economy is government spending itself.

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Government, the Centralizing Mindset, and the Idiots in Charge

Big GovernmentBureaucracy and RegulationDemocracy

Blog03/26/2022

F.A. Hayek wrote that the "worst get on top" when it comes to government. Nearly eighty years after he wrote those words, nothing has changed.

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Governments "Sanction" Their Own Citizens Every Day. The Russia Sanctions Are Just a Natural Evolution.

War and Foreign Policy

Blog03/19/2022

The scale of the sanctions which Washington has imposed on Russia (and Russians) should not distract us from a crucial fact. What Washington is doing against Moscow is not rare. It is something that happens every day. 

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