Mises Wire

Today's Inflation Surge Should Discredit Modern Monetary Theory Forever


Modern monetary theory assured us that printing money wouldn't create an inflation problem. Oddly enough, we don't seem to hear much from the MMTers anymore.

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The Number of Employed Workers Fell in October and Price Inflation Continues to Outpace Wages

U.S. EconomyU.S. History


The jobs data is worse than the latest headlines suggest, and workers are staring at falling real wages, declining savings, and mounting debt. We can thank the Fed. 

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The Government, Race, and an Upcoming SCOTUS Decision


The US Supreme Court has heard arguments for and against affirmative action in higher education admissions. Government needs to get out of the racial discrimination business altogether.

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The Petrodollar-Saudi Axis Is Why Washington Hates Iran

Financial MarketsWar and Foreign Policy


The Ponzi game known as selling US government debt is nearing its end. The seller is running out of suckers.

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The Realistic Market for Private Governance

AnarchyLegal SystemStrategy


What if the parallel communities we seek to build already exist in some form and our task is to identify and coalesce around those existing “nations within nations”?

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This Is Why the Yield Curve Just Inverted, Signaling a Coming Recession

Money and Banks


Why is an inversion of the yield curve is indicative of a recession? It stems in part from the fact that both recessions and yield curve inversion follow sizable slowing in monetary inflation. 

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To Many, America Still Is a Place of Opportunity (Unless Progressives Destroy That, Too)

Free MarketsImmigration


People still come to America, but it is because of the foundation created by private enterprise, not because of progressive politics.

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