Mises Wire

The West Must Stop Trying To Expand NATO into Ukraine

War and Foreign Policy

Blog12/13/2021

The US and NATO must do as little as possible to contribute to the conflict in Ukraine. This especially includes continuing to arm Ukraine and insisting that it has a future in NATO.

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Those Pushing Monetary Stimulus Are Misled by Japan's Low Price Inflation

Money and Banks

Blog12/10/2021

Easy-money advocates who look to Japan as the model have not understood the fundamental reasons why inflation in Japan remained feeble during three decades of dismal economic performance.

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The Economy May Be Finally Peaking, and the Fed Won't Help Matters

Money and Banks

Blog12/09/2021

The huge amounts of monetary inflation of 2020 have indeed been translated into price inflation in 2021. Yet with the Fed now poised to slow things down, we might find asset inflation could suddenly go into reverse.

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Today's Tech Giants Aren't Really Monopolists

Blog12/06/2021

The definition of a monopoly (and therefore of competition) in traditional economic theory is arbitrary. And there are many reasons why big companies with little "competition" are beneficial.

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The DC Sniper Rampage: The Biggest Police Debacle of the Century?

U.S. History

Blog12/03/2021

The Washington area was traumatized for weeks by two dimwitted psychopaths who rode around brazenly shooting people from the trunk of their ancient Chevrolet. Sadly, law enforcement officials had apparently met their match.

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The Rise of the Sovereign State

The first myth one has to debunk: that the state is merely a natural and organic outgrowth of political power, as old as the history of mankind or of organized society.

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The Bank of Canada's Failed Mission to "Preserve the Value of Money"

Money and Banks

Blog11/30/2021

The Bank of Canada's stated mission is "to preserve the value of money by keeping inflation low and stable." Yet, the BOC works to inflate away the value of Canadians' purchasing power every single day.

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This Professor Hates the Austrian School. But He Clearly Doesn't Know Much about It.

Book Reviews

Blog11/29/2021

Larson's principal targets are Friedman and Hayek, but Mises and Rothbard are not spared. For Larson, promarket economists aren't just wrong. They're bad people.

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