Mises Wire

Progressives Have Corrupted Not Only Money, but Its History as Well

Economic PolicyWorld HistoryMonetary TheoryOther Schools of Thought


Social democrats are so desperate to cast off limits on government that they'll embrace anything that justifies their ambitions. So they invent theories of money that are very, very wrong.  

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Price Inflation Slowed to 3 Percent. That's Still Far Too High.


Three percent annual price inflation for ten years is a loss of purchasing power of 34 percent in what is already a disastrous inflationary environment. This is not "victory over price inflation."

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Pennsylvania Legislators Want Higher Unemployment, Government Dependency, and Crime

Economic PolicyLabor and WagesUnemployment


Pennsylvania legislators don't claim to be putting people out of work or killing job opportunities. They claim they just want workers to earn more pay.

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Paleoconservatives Need Better Critics

AnarchyEconomic FreedomMedia and CultureU.S. History


To seriously threaten the regime, one must attack it at its roots. This would require rejecting the modern civil rights legal regime, something modern Buckleyite conservatives and James Lindsay-style liberals are not interested in, and unites paleoconservatives and paleolibertarians.

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Producers, Not Consumers, Are the Engine of Economic Growth

Booms and BustsCentral BanksInflationKeynesMonetary Policy


The Keynesian prescription for an economic downturn is for government to increase spending to improve so-called aggregate demand. In reality, this is a recipe for worsening the recession.

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Powell Sends Mixed Messages as He Chickens Out on Rate Hikes

Money and Banks


What happens next will depend heavily on what the regime will feel is necessary to buoy public support for the regime and its current ruling party. 

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Property Rights, Civilization, and Their Enemies


Political cronyism and legal plunder are especially visible in the alliances between pharmaceutical corporations, the banking industry, “tech” companies, and the state.

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Price Inflation Growth Slowed Slightly in April. Now Wall Street Will Demand More Easy Money.

Money and Banks


April was yet another month of declining real wages, and was the twenty-fifth month in a row during which growth in average hourly earnings failed to keep up with price inflation.

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