Mises Wire

Toward a Political Economy of Climate Change

Blog10/17/2020

In the thinking of many experts, all problems and solutions are geared to the mindset of central planners—of people like themselves. Climate scientists mistakenly believe themselves solely qualified to determine public policy for everyone else.

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Central Banks and the Problem with Playing God

Central BanksMoney and Banks

Blog10/16/2020

It seems the reach and influence of central banks has never been higher, yet they are increasingly flying blind in an environment where central bank tools are growing ever more imprecise and dangerous.

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The Paradox of Prosperity

Capitalism

Blog10/07/2020

The present fascination with socialism and hatred of capitalism reflects a combination of willful historical blindness, lack of simple common sense, and inexcusable economic ignorance.

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Trump Continues the Never-Ending War on Cuba

War and Foreign PolicyWorld History

Blog10/06/2020

The embargo continues, partly because the Cuba situation has indirectly exposed the corrupt sham of the entire Cold War and the corrupt machinery of the US national security establishment.

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Dude, Where's My Inflation?

Inflation

The Fed could certainly encourage more price inflation if it wanted to. But it seems the real goal is not steady inflation, but support for the financial sector.

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The Cure for Inflation

Blog09/25/2020

Although huge government expenditures are not in themselves inflationary, a large deficit is almost certain to be financed by inflationary means—by directly or indirectly printing more money.

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Where Did the US Government Get the Power to Assassinate People?

The Police StateU.S. HistoryWar and Foreign Policy

Blog09/09/2020

This CIA’s omnipotent power to assassinate people came into existence without even the semblance of a constitutional amendment. It was ostensibly enacted by Congress and later acceded to by the Supreme Court.

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The Social and Economic Side Effects of Negative Interest Rates

InflationCapital and Interest Theory

Blog08/26/2020

Negative interest rates lead to zombie firms, rampant consumerism, and growing obstacles to entrepreneurship. 

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