Mises Wire

A Chinese Bomb: Are We Really on the Threshold of Another Global Financial Crisis?

Booms and BustsGlobal EconomyMoney and Banks

Blog02/25/2019

The Chinese debt is overwhelming not simply because of the volume, but because the figure has quadrupled in seven years.

Read More

Government Spending Isn't Always Inflationary

Money and BanksMoney and Banking

Blog02/23/2019

While government spending re-allocates and distorts resources, it is not necessarily inflationary. Inflation really just stems from money creation and fractional-reserve lending carryied out by central banks and private banks — thus creating money "out of thin air."

Read More

The Grandson of "I, Pencil"

Blog02/21/2019

Steven Kates has composed a modern version of Leonard Read’s classic essay “I, Pencil.”

Read More

The Problem with Cutting Taxes without Reducing Spending

Money and BanksMoney and Banking

Blog02/15/2019

Like taxation, government spending diverts resources from real wealth-generating ventures. Borrowed funds for continued spending must also be repaid, so current spending translates to future taxation.

Read More

The Problem with Big Tech

Blog02/12/2019

Social media giants enjoy a cocktail of government contracts, government favoritism, and government-granted monopoly power. As a result, it will be difficult for new startups to offer much competition.

Read More

Rothbard and Salerno Quoted on Modern Monetary Theory

02/12/2019Power & Market
Read More

The Problem with Elizabeth Warren's Wealth Tax

While Elizabeth Warren may be correct that the system is broken, she is quite wrong in how and why it is broken — and how to fix it.

Read More
Shield icon wire