Mises Wire

Powell Is the New Arthur Burns, Not the New Paul Volcker

U.S. History

Blog6 hours ago

With his current timid, weak, and prevaricating position on price inflation, Powell is positioning himself as the new Arthur Burns, who did nothing to end 1970s inflation. 

Read More

Powell's "Soft Landing" Is Impossible

Money and Banks

Blog06/20/2022

After more than a decade of monetary stimulus fueling elevated asset valuations and incentivizing an enormous leveraged bet on risk, a soft landing is impossible.

Read More

Political and Economic Entrepreneurship: Freedom Depends on the Latter

Economic PolicyThe Entrepreneur

Blog06/06/2022

When we speak of entrepreneurship, we need to specify if it is economic or political. The first expands wealth and freedom; the second makes us poorer and less free.

Read More

Politicizing Mass Shootings Only Guarantees There Will Be More of Them

ProgressivismThe Police State

Blog06/01/2022

Mass shootings are bad enough, but progressives have turned them into political events. They then claim that further politicizing these tragedies will reduce their number.

Read More

Police Botched the Uvalde Standoff. Now Gun Controllers Want to Give Police More Power.

U.S. History

Blog05/26/2022

Police stood around outside the Uvalde, Texas, school while a gunman shot children inside. Meanwhile, gun control advocates tell us we should just trust the cops to keep us safe. 

Read More

Peace through Strength? Excessive US Military Spending Encourages More War

Big GovernmentWar and Foreign Policy

Blog05/26/2022

American politicians claim that excessive military spending makes Americans "safe." The record shows otherwise.

Read More

Proliferation Isn't the Problem. Legacy Nuclear Powers Again Threaten the Globe.

War and Foreign Policy

Blog05/03/2022

Here we are in 2022, worrying about if the world's oldest nuclear powers will be the ones to touch off a global nuclear war. It's not Pakistan or North Korea or "proliferation." It's Washington and Moscow, yet again. 

Read More

Price Indexes Aren't Accurate Measures of Inflation

Central BanksThe FedInflationPrices

Blog05/03/2022

While economists and journalists are fond of saying inflation is "X" percent, in reality, the price indexes don't measure inflation accurately. Instead, they are statistical constructs created to benefit the government.

Read More