Mises Wire

Scott Sumner Wants to "Modernize the Fed" — This is What He Gets Wrong

The Fed

Blog07/25/2018

The goal should not be to make quick daily decisions that look like market data — it should be to make correct decisions that are market data.

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Spending Our Way to a Fiscal Crisis

Booms and BustsTaxes and Spending

Blog07/23/2018

The Social Security and Medicare trust funds will both soon be bankrupt, putting additional strains on the federal budget and American taxpayers.

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Socialized Medicine: An Accounting Perspective

Health

Blog07/23/2018

A healthcare system based on profit-and-loss is the only way to progressively improve the price, quantity, and quality of healthcare.

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Saving, not Technology, Is the Key to Economic Growth

Money and BanksMoney and Banking

Blog07/20/2018

The real impediment to economic growth has been the relentless central bank tampering with financial markets. 

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Stop Using Suicides to Push for Bigger Government

HealthTaxes and SpendingU.S. History

Blog06/18/2018

Recent media coverage suggests more government spending and more government control is the only "solution" to rising suicide rates in America.  

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Subjective Value Is not Arbitrary Value

SubjectivismValue and Exchange

Blog06/16/2018

The prices of goods are not set mechanically by some kind of supply-demand curves but by the goal-seeking choices of individuals.

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Splitting California into 3 Pieces Is Long Overdue

Blog06/14/2018

Californians will be able to vote in splitting the state up this November. Which is great because California needs a huge dose of decentralization.

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Should the Fed Print More Money When "Demand for Money" Rises?

Money and BanksMoney and Banking

Blog06/07/2018

Creating money out of thin air always sets the boom-bust cycle in motion, even when there's an increase in the demand for money. 

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