Mises Wire

The Scaremongers Are Wrong about Robots and AI

Labor and WagesPoverty

Blog04/29/2019

Even if a machine were technically capable of providing the same service more cheaply, many consumers are likely to prefer human staff in many cases, including nurses and care providers, entertainers, chefs, and teachers.

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The Fed Is Seizing Even More of the Marketplace

The FedFinancial MarketsMoney and Banks

Blog03/04/2019

The Fed is prepared to squeeze out what little is left of the free market forces in the debt market. The Fed wants full control so it can do "whatever it takes" to keep interest rates from rising above its very-low targets.

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The State Expands its Responsibilities In Order to Expand Its Power

Taxes and Spending

Blog02/16/2019

Governments take on a variety of responsibilities as a justification for greatly expanding powers — claiming these powers are necessary to fulfill these new responsibilities.

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The UK Government’s "Secret Plan" to Slash Taxes After a No-Deal Brexit

Blog02/14/2019

UK politicians are now at war as some push to make Brexit a catalyst for pro-market reforms such as slashing taxes. Others, however, want to double down on the worst the EU bureaucracy has to offer.

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The Fed Is Now Addicted to Easy-Money Policy

Money and BanksMoney and Banking

Blog11/29/2018

The only way to end the booms and busts brought by inflationary credit is to eliminate the central bank's counterfeiting that constitutes and creates that inflation.

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Trump is Right: The Fed is a Big Problem

StrategyU.S. Economy

Blog10/29/2018

If the US administration truly wishes to "To Make America Great Again," there is no way around addressing the Fed.

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The Fed Is Flying Blind

Money and BanksMoney and Banking

Blog09/27/2018

In its blind search for the "correct" interest-rate policy, the Fed can't succeed in extending the boom indefinitely.

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The Plan to "End Government Control" of the BBC Isn’t As Good As It Sounds

Bureaucracy and RegulationMedia and Culture

Blog09/07/2018

The British Broadcasting Corp will remain firmly ensconced within the British state for the foreseeable future.

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