Mises Wire

It's Trump vs. the Deep State vs. the Rest of Us

Bureaucracy and RegulationWar and Foreign Policy

Blog11/14/2019

Even The New York Times now admits there is a deep state — and that it serves its own agenda while ignoring the elected civilian government.

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If People Can't Be Trusted with Market Freedom, They Also Can't Be Trusted with the Vote

Interventionism

Blog10/17/2019

Behavioral economists say that since individuals are irrational, we need more state intervention in the economy. However, their criticism can be turned around: if individuals are irrational, government power is especially dangerous.

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Is Protectionism Patriotic?

Blog10/14/2019

Conservatives tell us that we must move beyond the idea of allowing people to trade freely in the marketplace. "Patriotism" is the true measure of economic policy, and that requires higher taxes, more government spending, and a powerful state.

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Inverted Yield Curves, Recessions, and You

Financial MarketsU.S. EconomyBusiness CyclesCapital and Interest Theory

Blog09/05/2019

To understand what an inverted yield curve means, you must first understand what the yield curve is.

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If Deficits Are This Huge Now, What Happens When the Recession Hits?

U.S. EconomyU.S. History

Blog08/16/2019

It is troubling that after a decade of an economic expansion, the US government is still spending money as it does during and immediately following a recession. It is as if the economy is now in a state of permanent "stimulus."

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In Brazil, Social Democracy Breeds Corruption

Global EconomyWorld History

Blog08/09/2019

Anti-poverty programs pushed by social democrats have enabled ever higher levels of corruption as bigger government programs mean the ultra-rich can skim more off the top.

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Interest Rate Increases: How Fast is "Too Fast?"

Money and BanksMoney and Banking

Blog07/30/2019

Donald Trump thinks the Fed raised rates "too fast." In truth, rates have been at remarkably low rates for the past decade. And how would Trump know how fast is "too fast" anyway?

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