Mises Wire

The Worst-Kept Secret in America: High Inflation Is Back

Money and Banks

Blog05/29/2021

From wood to copper to corn, prices for basic necessities for both production and consumption are rising to multiyear highs. The Fed says it has everything under control, but the Fed has a terrible track record in both predictions and executing its plans. 

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Economic Cannibalism Will Not Save Mexico, or Any Other Country

Central Banks

Blog05/29/2021

It seems absurd to have to point out that economic cannibalism, even in the face of a virus, cannot produce anything but devastation, but alas, we live in absurd times. 

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America Still Loves the Warfare State

War and Foreign Policy

Blog05/29/2021

The difficulty Trump encountered in trying to even slightly scale back American military schemes shows just how far Americans are from abandoning the idea that the United States is the indispensable nation entitled to fight wars always and everywhere. 

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Decentralization: Why the EU May Be Better Than the US

World History

Blog05/28/2021

It's too late for American member states to assert real independence from the central government without facing an avalanche of legal, political, and even military opposition. Europeans would be wise to not put themselves in a similar position.

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More Evidence the American Economic "Recovery" Will Disappoint

Booms and Busts

Blog05/27/2021

Two things should concern us. First, the weakness of the recovery in the middle of the largest fiscal and monetary stimulus seen in decades, and second, the short and diminishing effect of these programs.

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There's No Conflict Between Profit and "Social Responsibility"

Bureaucracy and Regulation

Blog05/27/2021

The "People over Profits" mantra is once again is being heard in Washington. But this time we're hearing about it from business lobbyists themselves who are now parroting leftwing slogans about "social responsibility."

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Forget Hemlines. Mom Jeans Are Now an Economic Indicator.

Booms and Busts

Blog05/26/2021

Many have long speculated that there is a correlation between economic prosperity and the length of women's hemlines. But perhaps it's now "mom jeans," with their high waists and ample fit, that indicate the true state of the economy. 
 

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Why Is the French Government Running Off Foreign Investors?

Protectionism and Free Trade

Blog05/26/2021

Most people understand that it's a good thing when others invest money and capital in your community. But when Canadian investors offered to pour money into France as part of a deal to buy a French company, the regime said no thanks. 

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