Mises Wire

Is the Fed Trying to Bail Out the World? Sure Looks Like It

Central BanksThe FedFinancial MarketsMonetary PolicyMoney and BanksU.S. EconomyWar and Foreign Policy

Like the arsonist who then heroically fights the fire he set, the Fed is increasing its efforts to bail out banks both at home and abroad. This does not end well.

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Why Most of the World Isn't on Board with the NATO-Russia War

AntipoliticsWar and Foreign Policy

Blog11 hours ago

Many governments support continuing the Ukraine war, but ordinary people in Europe, America, and the developing world fear the war will bring economic disaster. 

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To Fight the State, Build Alternatives to the State

Blog11 hours ago

The challenge at hand is more than simply opposing the state. Rather, it is necessary to build up, reinforce, and sustain institutions that can offer alternatives to the state.

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Bipartisanship Is Not a Substitute for Voluntary Exchange

DemocracyFree MarketsPoliticsProgressivism

Blog03/28/2023

Politicians tout "bipartisanship"—that often just means one's pocket will be picked even more cleanly.

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Does Cost Cutting Undermine Economic Growth?

Booms and BustsCentral BanksMonetary Policy

Blog03/27/2023

Keynesian economists claim that cutting costs in a business slowdown is counterproductive. As usual, the Keynesians have it backward.

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Why Fractional Reserve Banking Is behind Bank Failures

Central BanksMonetary PolicyMoney and Banks

Blog03/27/2023

Suppose an addict had the ability to magically create, ex nihilo, his own stimulating drug, as fractional reserve banks can do with money and credit. Would you expect moderation?

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The Last Lie Government Will Ever Tell

DemocracyProgressivismWar and Foreign Policy

Blog03/27/2023

Western governments seem to relish a clash with Russia, despite the spectre of nuclear war should things escalate too far. If so, it will be a conflict built on lies told by government lies.

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Democracy Created Canada’s Lethal Healthcare System

Bureaucracy and RegulationProgressivismSocialism

Blog03/25/2023

Canadian politicians tout their healthcare system as morally superior to private medicine. There is nothing moral about relegating thousands of people to death each year for lack of medical care.

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