Mises Wire

The Success of Socialist Newspeak

Big GovernmentMedia and CultureWorld History

Blog03/31/2021

The socialists have engineered a semantic revolution in converting the meaning of terms into their opposite.

Read More

How the "Bourgeois Deal" Enriched the World

Book ReviewsWorld History

Blog03/31/2021

One of the most striking facts of world history: since about 1800, there has been an enormous increase in the average standard of living throughout the world. Before that date, almost everyone was poor, but then things changed.

Read More

Yield Curve Control: Bubbles and Stagnation

Global Economy

Blog03/31/2021

Europe's central bank is taking aggressive action to prevent bond yields from rising … to 0.3 percent in Spain or 0.6 percent in Italy. This is the evidence of a massive bubble.

Read More

February Money-Supply Growth Hit Yet Another All-Time High.

Money Supply

Blog03/30/2021

During February 2021, year-over-year growth in the money supply was 39.1 percent. That makes February the eleventh month of remarkably high growth in the wake of unprecedented quantitative easing and "stimulus."

Read More

Shays's Rebellion: Catalyst for the Counterrevolution

U.S. History

Blog03/30/2021

Shays' Rebellion was used by counterrevolutionaries like Alexander Hamilton to push the new centralist constitution of 1787. But Jefferson, on the contrary, concluded such uprisings were "medicine necessary for the sound health of government.”

Read More

Europe's Vaccine Programs Are about as Successful as Their Lockdowns

Health

Blog03/30/2021

The EU has long claimed vaccine procurement is a top priority. But even by Brussels's own standards, Brussels's central-planning schemes have failed to deliver yet again. 

Read More

Real Savings Are at the Heart of Lending

Money and Banking

Blog03/30/2021

Trouble emerges once banks start to engage in lending unbacked by real savings, this gives rise to the expansion of credit out of “thin air.”  This in turn sets in motion the menace of the boom-bust cycle.

Read More

Can Las Vegas Recover from Covid?

Booms and Busts

Blog03/30/2021

In Las Vegas, airline passengers plummeted 64 percent during 2020, and the convention business has collapsed. For Vegas, there are troubling signs that the world is not in a hurry to spend freely on extravagant face-to-face meetings. 

Read More
Shield icon wire