Mises Wire

Why the Fed's 2 Percent Inflation Standard Is So Bad

Money and Banks

Blog7 hours ago

The world of the 2 percent target is something truly new and worse than what came before. It’s not the same old monetary policy but just with slightly higher inflation targets.

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Why Business Owners Can't Just "Pass on" Tax Costs to Consumers

Taxes and Spending

Blog10/26/2021

If business owners could increase their prices without a loss in sales, they would have already done so. Yet many conservatives mistakenly claim tax increases are just "passed on" to consumers.

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Why Interventionist Economists Love to Talk about Externalities

Property Rights

Blog10/25/2021

Step 1: claim that only government can solve the problem of "externalities." Step 2: claim that externalities are everywhere. Step 3: send in bureaucrats to solve every "problem" caused by externalities.

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Why Fans of Censorship Are Obsessed with Stories about Yelling "Fire!" in a Theater

Blog10/23/2021

The fact that such a vacuous and irrelevant example became such a compelling argument for the government restriction of freedom of speech in many other areas is disturbing.

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What Spooner Can Teach Us in Our Age of Neofascism

U.S. History

Blog10/21/2021

Neo-Spoonerism: there is no treason against the federal government, because the federal government does not abide by the document which it claims as its foundational authority to govern.

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Who Will Build the Roads? Anyone Who Stands to Benefit from Them.

Taxes and Spending

Blog10/18/2021

The appropriate question is not “Who will build the roads?” but rather “Who will pay for them without taxation?” History suggests the answer is "lots of people" and the "public goods" theory is wrong.

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Why Did Google Ads Ban LewRockwell.com?

Paternalism

Blog10/15/2021

Google says it can only tolerate "accurate" information and has banned LewRockwell.com from its advertising program. This position only makes sense if one makes some faulty assumptions about how information is spread. 

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Why a Bear Market in Bonds Points to a Weakening Economy

Money and Banks

Blog10/14/2021

Years of bubbles and malinvestment have a downside: the destruction of the productive, wealth-building parts of the economy. And that could mean higher interest rates.

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