Mises Wire

Why Is the Fed So Afraid of Judy Shelton?

Blog11/17/2020

A single vote on the Fed's policymaking committees wouldn't make any real difference. On the other hand, the Fed will brook no dissent from the official media and academic narrative. 

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With a Biden Win, The War Party Will Be Back in Full Force

War and Foreign Policy

Blog11/17/2020

“What is the one thing that brings Republicans and Democrats together?” Rand Paul asked reporters. “War—they love it."

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While Household Income Falls, Central Bankers Are Pushing for Higher Prices

Blog11/16/2020

The fact that prices are rising in a pandemic crisis is not a sign of success. It is evidence of central bankers' miserable failure and hurts every consumer who has seen revenues collapse by 10 or 20 percent.

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Why GDP Can't Measure the Quality of Life

Philosophy and Methodology

Blog11/14/2020

GDP fails to account for many measures of quality of life, such as personal safety, the local climate, leisure time, and more.

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Why GOP Loyalists and Candidates Keep Moving Left

ProgressivismMedia and CultureStrategy

Blog11/11/2020

Unless the Left's opponents focus on changing voters' ideological drift to the left, candidates who want to actually win elections will have to keep moving left also. 

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Want to Reduce the Trade Deficit? Cut Government Spending.

Protectionism and Free TradeTaxes and Spending

Blog11/11/2020

A trade deficit isn't actual evidence that anything is wrong. But if it were, one of the best things to do would be to reduce government spending. Unfortunately, politicians disagree. 

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Why the Free Market Liberals Underestimated the Socialists

Blog11/07/2020

They masses only choose between the ideologies developed by the intellectual leaders of mankind. But the masses' choice is final and determines the course of events. If they prefer bad doctrines, nothing can prevent disaster.

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Why Asset Bubbles Involve So Much More Than Just Rising Prices

Booms and BustsMonetary Policy

Blog11/04/2020

What matters is not whether the emergence of a bubble is associated with price rises but rather the fact that the emergence of a bubble gives rise to nonproductive bubble activities.

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