Mises Wire

Nomi Prins: Repo Injections Are QE by Another Name

The FedFinancial MarketsMonetary Policy

Blog01/31/2020

The Fed's balance sheet has risen to $4.1 trillion from $3.7 trillion in August. Nomi Prins discusses what this policy shift means and what it portends for 2020.

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Now Is the Time to De-Escalate War with Iran

War and Foreign Policy

Blog01/06/2020

The Iraqi parliament response to the recent US airstrike — expelling all US troops from Iraq — suggests that an escalation of the ongoing US-Iran conflict would not be as simple as pro-war factions of the US regime would like it to be.

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New Year's Resolutions with F. A. Harper

Big GovernmentU.S. History

Blog12/31/2019

"Truth has a power that cannot be touched by physical force. It is impossible to shoot a truth."

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New Nobel Winners Are Latest Bad Sign for Economic Theory

Philosophy and Methodology

Blog10/16/2019

The economist’s task is not to demonstrate (empirically) that x is associated with y, but to provide a causal explanation of how x affects y.

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Not-So-Modern Monetary Theory

Money and Banks

Blog10/08/2019

MMT “is a mix of old and new, the old is correct and well understood, while the new is substantially wrong.”

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No, Capitalism Doesn’t Threaten Humanity

Big GovernmentThe EntrepreneurFree Markets

Blog10/04/2019

Anti-capitalist promoters of "climate justice" ignore all of the evidence of capitalism’s benefits staring us in the face.

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Not all PIIGS are Created Equal: A Comparison of Portugal and Ireland

Blog09/14/2019

The big differences between the economies of Ireland and Portugal illustrate how the eurozone's design just doesn't fit with modern economic realities.

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