Mises Wire

The Saving Problem in America: Alternatives and Reforms

Monetary PolicyTaxes and SpendingCapital and Interest Theory

Blog09/15/2020

Savings are the foundation for a productive and advanced economy. Unfortunately, governments insist on policies that make it harder for ordinary people to save.

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The US Dollar Collapse Is Greatly Exaggerated

Financial MarketsGlobal Economy

Blog09/14/2020

The United States currency has only really weakened relative to the yen and the euro, but that depends on optimistic expectations of a European and Japanese economic recovery.

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The Fed’s New Policy Risks a Return of the 1970s

The FedMonetary PolicyU.S. History

Blog09/10/2020

The Fed has abandoned its own rules on "price stability" in order to favor what are essentially higher inflation targets. The Fed is now headed down a road it traveled in the 1970s.

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The Fed Promises More Dollar Destruction

InflationThe FedMonetary Policy

Blog09/10/2020

A zero interest rate policy, unlimited asset buying, Wall Street bailouts, etc. This is a never-ending monetary accommodation that leaves you asking: What else will the Fed do after inflation averaging?

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The Evidence Keeps Piling up: Lockdowns Don’t Work

Health

Blog09/09/2020

Extraordinary measures require extraordinary evidence. Have the advocates for lockdowns made their case? The data suggests they have not.

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The Welfare State Did What Slavery Couldn't Do

PovertySocialismU.S. History

Blog09/09/2020

Thomas Sowell concluded that “A vastly expanded welfare state in the 1960s destroyed the black family, which had survived centuries of slavery and generations of racial oppression.”

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The EU's Drive toward Political Centralization Will Doom Its Economy

Big GovernmentDecentralization and SecessionWorld History

Europe needs more than ever the principles that made it successful: decentralization, free trade, and sound markets.

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The Collapsing Universities—and What We Can Do about It

EducationHealth

It is sad that the contemporary American university has sunk so low from the heights of medieval Oxford, Cambridge, Paris, and Salamanca. Fortunately, private alternatives are still available.

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