Mises Wire

The Five Stages of Bank Failure Grief

Cronyism and CorporatismThe FedMoney and BanksU.S. Economy

Blog05/20/2023

We are familiar with the five stages of grief. However, it is not a stretch to apply those stages to what is happening to the banking system. Right now, we are in the second stage: anger.

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There's No Place like Noam

Cronyism and CorporatismEconomic FreedomWar and Foreign PolicyInterventionismPhilosophy and Methodology

Blog05/19/2023

Noam Chomsky's latest offering—a series of interviews—presents the best (and worst) of one of America's premier public intellectuals.

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The "Buy Black" Movement: Divisive or a Boon to Black Entrepreneurs?

The EntrepreneurFree MarketsEntrepreneurship

Blog05/18/2023

Calls for black consumers to "Buy Black" can be interpreted as socially divisive, but they are also a way to encourage black entrepreneurs in a free market.

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The Failure of Public Works and Public Funding

Bureaucracy and RegulationEconomic FreedomHayekCalculation and Knowledge

Blog05/16/2023

Shoddy service, regular breakdowns, and overbudget to boot. There is a reason why government-funded projects always waste resources.

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The Putrid Underbelly of Woke Capitalism

Cronyism and CorporatismMedia and CultureProgressivism

Blog05/16/2023

American corporations are lavishing billions of dollars on leftist groups in the name of "equity." But many of them also are donating to even more questionable people and causes.

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The US Followed a Policy of Foreign Intervention Long before World War II

U.S. HistoryWar and Foreign Policy

Blog05/13/2023

One of the great fictions of US history is that the USA's foreign policy was based on noninterventionism until the nation was forced to enter World War II.

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Taxing Capital Leads to Capital Consumption

Economic PolicyCapital and Interest Theory

Blog05/12/2023

Progressive governments in the name of equity are calling for taxation of capital gains. They really are demanding destruction of capital through capital consumption.

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The Money Supply Has Plummeted in the Biggest Drop Since the Great Depression

Blog05/11/2023

With negative growth now falling to near –10 percent, money-supply contraction is now the largest we've seen since the Great Depression. 

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