Mises Wire

The New Constitution: The Ratification and Amendment Process

U.S. History

Blog8 hours ago

The founders of the new constitution proposed a cynical end run around state legislatures in order to improve the odds of ratification.  The "founding fathers" increasingly abandoned established law, justifying it with claims of a "national emergency."

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How Covid Put an End to Your Right to Due Process

Property Rights

Blog11 hours ago

The covid panic brought an end to due process in many ways. among these are the end of speedy trials and the end of a timely hearing for landlords to obtain evictions. Meanwhile, governments have seized private businesses with no due process at all. 

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Investors Won't Buy the "Transitory" Inflation Line

Money and Banking

Blog05/18/2021

Governments always justify printing more money with the excuse that there is no inflation. When inflation rises, they say it is transitory. And when inflation soars, governments blame businesses and shop owners, presenting themselves as the solution with “price controls.”

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Money-Supply Growth Finally Slows in March, Drops to 10-Month Low

Money Supply

Blog05/17/2021

During March 2021, year-over-year (YOY) growth in the money supply was at 34.1 percent. That's down slightly from February's rate of 39.1 percent, and up from the March 2020 rate of 11.3 percent. 

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How Monetary Expansion Creates Income and Wealth Inequality

Blog05/17/2021

Economic inequality caused by money printing benefits most those who claim to stand up for "the little guy" and denounce "trickle-down" markets. But there is nothing more "trickle down" than government money printing from on high.

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The Real Estate Boom in Vegas Is More Frenzied Than Ever

U.S. Economy

Blog05/17/2021

In Las Vegas, asset price inflation is combining with rising prices on building materials to create a real estate bubble of remarkable proportions. 

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Yes, Paul Krugman, Booms Are Unsustainable

U.S. EconomyU.S. History

Blog05/15/2021

Austrians do not question booms because they don’t like prosperity or because they have character defects. Rather, Austrians understand that booms involve lines of investment in areas of production that cannot be sustained.

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"Infrastructure" Is Now Anything the Government Wants to Do

Taxes and Spending

Blog05/15/2021

Just as SJWs redefined justice as "social justice"—with big implications for how we view true justice—politicians are redefining infrastructure to justify even more government intervention in daily life.

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