Mises Wire

No, It's Not the Putin Price Hike, No Matter What Joe Biden Claims

The FedInflationPrice Controls

Blog05/02/2022

Last year, Joe Biden and his administration claimed that inflation was "transitory." This year, Vladimir Putin gets the blame. Next year, Biden will blame American businesses. And the beat goes on.

Read More

Disney's Special District Is Not a "City-State" or "Private City"

U.S. Economy

Blog05/02/2022

One will occasionally hear from a libertarian activist that Disney World is some sort of model for totally private governance. This is a huge exaggeration of the reality.  

Read More

Roots of Our Current Inflation: A Deeply Flawed Monetary System

Central BanksThe FedInflationBusiness CyclesMoney and BankingMoney Supply

Blog05/02/2022

It is the fiat monetary system itself, not deflation, that helps create the unstable conditions that lead to financial crises.

Read More

Delusion Reigns at the Eccles Building

The FedInflationUnemployment

While the Fed governors claim "all is well" and that inflation is "transitory," the bad news continues to pile up. Inflation will be with us for a long time.

Read More

A Tribute to Prof. George Ayittey, One of Africa’s Greatest Economists

Free MarketsSocialism

Blog04/30/2022

The passing of Professor George Ayittey stills a powerful voice for free markets in Africa.

Read More

Meds: The Seen—and Unseen—of Intellectual Property Laws

Corporate WelfareCronyism and CorporatismLegal SystemMonopoly and Competition

Blog04/29/2022

Much of what we might call monopoly capitalism (or crony capitalism) can be tied to intellectual property laws.

Read More

What Determines Interest Rates? Comparing Mainstream Economics to the Austrian School

Central BanksMoney and BanksCapital and Interest TheoryPraxeology

Blog04/29/2022

The typical mainstream economic view of interest rates ignores an important factor: individual time preferences.

Read More

Why the Yen Fell While the Dollar Rallied

Blog04/28/2022

Will Japan ever change course on its negative interest rates? Only if voters begin to realize that the lack of inflation to date in Japan is simply good luck.

Read More
Shield icon wire