Mises Wire

Why Governments Hate Decentralization

Blog3 hours ago

Decentralized societies that value local customs, institutions, and governments are obstacles to the expansion of the regime's power. Not surprisingly, central governments do all they can to destroy this.

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Privacy, Power, Fiscal Policy, the Poor: Four Reasons to Worry about CBDCs

Central BanksMoney and Banks

Blog8 hours ago

Central bank digital currencies need to be centralized and manipulable to some extent in order to use them to implement monetary policy, which is central bankers' goal. This characteristic makes them a very risky proposition.

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Biden’s Covid "Supply Commander" Is Bad Medicine

CapitalismProduction Theory

Blog12/02/2020

Joe Biden thinks a centrally planned supply chain for healthcare supplies is necessary, because "We can no longer leave this to the private sector." There are many reasons why this is so very wrong. 

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Socialist Robert Heilbroner's Confession in 1990: "Mises Was Right."

Blog12/01/2020

The 1920 article by Mises is as unknown today by graduate students in economics as it was in 1990, 1950, or 1930. But at least one man in the socialist camp admitted to the New York literati that Mises was right. 

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Why Government Stimulus Sometimes Looks like It Revives the Economy

Booms and BustsInflationOther Schools of Thought

Blog12/01/2020

Even when an economic bust appears, there may still be enough real savings in the economy to quickly put the economy back on track. This is what brings economic recovery, not artificial "stimulus."

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Double Your Gift Today!

Blog12/01/2020

Dr. Gary Schlarbaum, one of our generous supporters, has again offered to match all donations received through December 7. Help the Mises Institute be better in 2021!

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Modern Monetary Collectivism

InflationMoney and BanksOther Schools of Thought

Blog12/01/2020

No, “societal” value is not what you want or think is good, and “we” are not a homogenous entity of observable, aggregated preferences.

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In October, Money Supply Growth Remained Near All-Time Highs

Money Supply

Blog11/30/2020

During October 2020, year-over-year (YOY) growth in the money supply was at 37.08 percent. That's down slightly from September's rate of 37.54 percent, and up from October 2019's rate of 4.8 percent.

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