Mises Wire

Woodrow Wilson's Christmas Grift of 1913

Central BanksCronyism and CorporatismThe FedProgressivism

Blog12/26/2022

Two days before Christmas, 1913, the infamous "creature from Jekyll Island," the Federal Reserve System, was birthed into our body politic. It has been devouring the economy ever since.

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Why Are So Many Men Leaving the Workforce?

U.S. History

Blog12/21/2022

Economic factors are only some of the reasons why men are leaving the workforce. The decline of marriage has also lowered the supply of workers by lessening incentives for workers.

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Why Central Banks Will Choose Recession Over Inflation

Money and Banks

Blog12/17/2022
The “gas-prices excuse” for inflation will evaporate, and that will be the key test for central banks. The “supply chain excuse” has already disappeared, as has the "transient inflation" claim.
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Why Investors Are Obsessed with the Fed "Pivot"

Money and Banks

Blog12/09/2022

Investors should not care whether the Fed pivots or not if they analyze investment opportunities based on fundamentals and not on monetary laughing gas.

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Who Has Better Ethics, the Social Security System or Bernie Madoff?

Big GovernmentEconomic FreedomU.S. Economy

Blog12/02/2022

Nearly everyone has heard of Bernie Madoff and rightly associates his name with financial fraud. Yet, the Social Security system is built on a Ponzi scheme similar to what Madoff created.

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Who Really Owns Big Digital Tech?

Big GovernmentBureaucracy and RegulationCronyism and CorporatismU.S. Economy

Blog11/30/2022

Is Big Tech a government creation—as the American Conservative recently claimed—or is it the result of entrepreneurs employing a mechanism created for noncommercial uses? It is both, writes Michael Rectenwald.

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Who Pays Wealth Tax: The Rich or the Poor?

CapitalismLabor and WagesTaxes and Spending

Blog11/30/2022

Spain's government is attempting to levy a wealth tax ostensibly to be "in solidarity with the poor." Because wealth taxes ultimately help lower real wages, there will be more poor people to share in the "solidarity."

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Want to Protect Children? Don't Embrace "Safetyism"

Big GovernmentProgressivismThe Police State

Blog11/30/2022

No one seems to support "safetyism," or "helicopter parenting," yet Americans seem obsessed with keeping their children "safe" at all costs. It is not good for children—or their parents.

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