Mises Wire

The Fed’s New Policy Risks a Return of the 1970s

The FedMonetary PolicyU.S. History

Blog09/10/2020

The Fed has abandoned its own rules on "price stability" in order to favor what are essentially higher inflation targets. The Fed is now headed down a road it traveled in the 1970s.

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Howard Buffett: Against Legal Plunder

Taxes and SpendingPolitical Theory

Blog09/09/2020

The commandment "Thou shalt not steal" was not to be abolished outright. That would offend too many. So the commandment was simply modified to "Thou shalt not steal—except by majority vote."

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Why Smarter Computers Won’t Make Socialism More Workable

CapitalismSocialism

Blog08/18/2020

Market knowledge is generated in individual transactions and by entrepreneurial drive. No amount of technology can replace the market process.

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Trump Agonistes

Political Theory

Blog08/14/2020

Populists need a status quo to oppose, but now Trump stands as the incumbent.

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The Mises Institute's Master of Arts in Austrian Economics to Commence Next Week

Education

Blog08/13/2020

Will you help the Mises Institute build this new school of graduate economics today?

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Why Fed Bugs Really, Really Hate Gold

Gold StandardMoney and Banking

Blog08/09/2020

Fed bugs sound like real estate agents in reverse: there is never a good time to buy gold.

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Howard Buffett on Conscription and American Militarism

U.S. HistoryWar and Foreign Policy

"If [the draft bill] is passed, the House will be shoving down the throats of the American people the despotic concept of 'Theirs not to reason why; Theirs but to do and die.'"

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