Mises Wire

There's Nothing Hawkish about the Fed's New Tapering Plan

U.S. History

Blog11/04/2021

In a normal universe, we have a name for this sort of monetary policy: it’s called “extreme dovishness” or “extremely accommodative.” In the bizarro world of 2021, it is anti-inflationary.

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The Madness of Taxing Unrealized Capital Gains

Taxes and Spending

Blog11/04/2021

The new proposal is framed as a tax on the ultrarich. The same was true of the new income tax in 1913. If given the power to tax unrealized gains, expect the feds to expand the tax to ordinary people.

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The Great Reset, Part VI: Plans of a Technocratic Elite

PlanningThe Police State

Blog11/02/2021

The cozy relationship between multinational corporations and governments has aroused the scorn of a few left-leaning critics. They note that the governance model of the World Economic Forum represents at least the partial privatization of the UN’s Agenda 2030, with the WEF bringing corporate...

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The Federal Reserve’s Assault on Savers Continues

Money and Banks

Blog11/01/2021

Any economist should have been able to see that having the monetary spigot on full blast to “stimulate” would raise prices down the road.  We are now down that road.

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The Historical Origins of Modern American War Crimes

Book Reviews

Blog11/01/2021

In many ways, the American war crimes of Korea and Vietnam were a continuation of American military conduct in the Civil War and during the Indian wars. 

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The Tragedy of the Government's Ban on Human Organ Sales

Blog10/29/2021

New tech shows some light at the end of the tunnel. But for decades, government bans on a market for human organs has condemned millions of people to early deaths and immense pain. 

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The Fed's Inflation Is behind the Supply Chain Mess

Money and Banks

Blog10/29/2021

The idea that supply chain problems are “driving inflation” gets the causation backward. It’s money supply inflation that’s causing the supply chain problems, not the other way around.

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Three Reasons to Start Taking Secession Seriously

Decentralization and Secession

Blog10/28/2021

All polities come to an end sooner or later. The fanciful America-will-last-forever position is something that should seem plausible only to small children or the hopelessly naïve. 

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