Mises Wire

Michael Flynn, Lori Loughlin, and the Permanent Culture of Prosecutorial Abuse

Legal SystemMedia and Culture

Blog06/01/2020

It’s important to call the government and media on this unholy alliance, whether you view their targets as sympathetic or not. If we stay silent when they come for our enemies, they will ultimately come for us.

Read More

There's No End in Sight to the Zombie Economy

Financial Markets

Blog06/01/2020

Put simply, if it were not for accommodative monetary policy, these firms would have otherwise shut down by now. Once again, the Fed is refusing to allow the invisible hand to rein in the excess for fear a liquidity crisis, credit crunch, and worse.

Read More

Why Socialists Love the Phrase "It's Not Real Socialism"

SocialismPhilosophy and Methodology

Blog06/01/2020

A big reason that socialist ideology has staying power is the tactic of blaming the many failures and disasters of socialist regimes on the alleged fact the regimes "aren't real socialism."

Read More

Two Analogies for the Economy That the Media Keeps Getting Wrong

Media and Culture

Blog05/30/2020

Ultimately, we need not rely on the government (i.e., the “king’s men” putting Humpty-Dumpty back together again). People acting freely in a marketplace could do it all by themselves. If only the government would let them.

Read More

Defining "Inflation" Correctly

InflationPricesProduction Theory

Blog05/30/2020

The real problem with inflation, properly understood is that it is essentially a wealth transfer away from the most productive parts of the economy. This causes bubbles and economic fragility.

Read More

An L-Shaped Recovery Is Not an Anomaly, It Is the Norm.

Booms and BustsGlobal Economy

Blog05/30/2020

The massive bailout of indebted sectors that already had overcapacity and were in process of obsolescence may also drive the largest wave of malinvestment in decades. If the previous recoveries came with poor wage and capital expenditure growth and high debt, the next one will likely be even...

Read More

Minneapolis Riots Are a Reminder That Police Don't Protect You or Your Property

Legal SystemThe Police State

Blog05/29/2020

Police are not legally obligated to provide protection from criminals. Nor are they motivated to go after hardened criminals or investigate violent crime. Self defense (or private security) is the only reliable option.

Read More

The German Court's Unexpected Blow to the ECB

Decentralization and SecessionLegal SystemMonetary Policy

Blog05/29/2020

A high German court recently ruled that the European Central Bank has overstepped the bounds of its power. The angry response from high-ranking European bureaucrats tells us a lot about what they want for the EU.

Read More
Shield icon wire