Mises Wire

A Poor Understanding of Monetary Theory Leads to Disastrous Government Policies

Booms and BustsInflationTaxes and Spending

Blog08/22/2020

Since government creates nothing itself, all interventions are nothing more than transfers of wealth for the benefit of some and the destruction of wealth for everyone else.

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As the Bubble Slowly Pops, the Economic Chain Reaction Is Now in Progress

Booms and BustsFinancial MarketsPrice Controls

Blog08/18/2020

Our high levels of malinvestment mean that negative interest rates will not have the steroidal effect that's hoped for. But they will deliver another few years of subpar debt-fueled economic activity.

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A Brief History of the Gold Standard, with a Focus on the United States

Global EconomyU.S. HistoryGold Standard

Blog08/14/2020

Arguments over the gold standard are not merely technical disagreements. Rather, the gold standard often serves as a proxy for “sound money,” which was a central element in the classical liberal tradition of limiting government’s ability to wreak havoc on society.

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Are Negative Rates a Natural Historical Development?

Financial MarketsInterventionism

Blog08/12/2020

Central bankers are saying two things at once. First, they say that negative interest rates are a natural historical development. But then they say negative rates are an essential tool central banks are using to manipulate the economy.

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Albert Jay Nock, Radical

BiographiesU.S. History

Blog08/10/2020

Nock despised plutocratic conservatism, and rightly saw Herbert Hoover as the embodiment of this point of view. Above all, Albert Jay Nock hated militarism and intervention in foreign wars.

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American Police Forces Were Created to Fight Rioters. But Police Probably Made Things Worse.

The Police StateU.S. History

Blog07/29/2020

Contrary to the popular narrative that government police establish law and order, there is good reason to believe that the advent of militarized police in the 1800s led to an escalation of riots and political corruption while offering little law or order.

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Are Universities Finished?

Higher education in America today is in a crisis. The diversity thought police pounce on anyone who offers the slightest resistance to them.

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A Mistaken Idea

Philosophy and Methodology

Blog07/24/2020

Is the fact that other intelligent and well-informed people are antimarket reason for us to be less confident in our promarket convictions?

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