Mises Wire

The "Proper" Supply of Money

Blog12/16/2020

Determining the supply of money, like all other goods, is best left to the free market. Aside from the general moral and economic advantages of freedom over coercion, no dictated quantity of money will do the work better.

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Why People Don't Trust Pfizer's Covid Vaccine.

Bureaucracy and RegulationCronyism and CorporatismHealth

Blog12/16/2020

Why are so many people afraid of vaccines from Big Pharma? It might be because these companies have given the public many reasons to be skeptical of them and their products. 

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What Is the Great Reset? Part I: Reduced Expectations and Bio-techno-feudalism

Big Government

Blog12/16/2020

In terms of governance, the Great Reset means increasingly centralized, coordinated, and expanded government and “governmentalities,” the convergence of corporations and states, and the digitalization of governmental functions.

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It Should Shock Us That There's Any Consumer Price Inflation at All

Blog12/15/2020

Even without obvious consumer price inflation, we can be living in the midst of immense wealth transfer engineered by central bankers in favor of Wall Street. 

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How Much Does the Pfizer Vaccine Actually Reduce Risk of Hospitalization?

Health

Blog12/15/2020

In the much-hyped Pfizer study, there were more hospitalizations in the control group than in the vaccine group, but the numbers were too small to be statistically significant.

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Trump’s NDAA Veto Threat Should Force a Conversation on Defense Spending

Corporate WelfareCronyism and Corporatism

Blog12/15/2020

A dirty secret of congressional military spending is that when the government allocates billions in spending, unnecessary, wasteful, and parochial interests quickly find their way into the legislation.

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The Socialists' Plan for "Ecological Leninism"

Book ReviewsThe EnvironmentSocialism

Blog12/15/2020

"The race to zero [carbon emissions] would have to be coordinated through control measures—rationing, reallocating, requisitioning, sanctioning, ordering" and much more.

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"Equilibrium Prices" and Real Prices

Prices

Blog12/14/2020

The prices of goods are not set mechanically by some kind of supply-demand curves but by the goal-seeking choices of individuals.

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