Mises Wire

How Central Banks Made the Covid Panic Worse

InflationMedia and CultureSocialism

Thanks to central banks, people now believe the myth that it is possible to shut down the economy and everything will be fine if we just print a lot of new money.  

Read More

From Lockdowns to "The Great Reset"

Big GovernmentProgressivismSocialism

Blog08/01/2020

The global "elites" of the World Economic Forum seek a "Great Reset" that will usher in a new and far more powerful technocracy defined by central planning and the end of freedom as we know it.

Read More

Japan's Executive Pay Gap

Bureaucracy and RegulationLabor and Wages

Blog08/01/2020

The highly regulated, protectionist Japanese economy, and an overall collectivist culture, leaves little room for flexibility in executive pay. This makes Japanese businesses less competitive, and work life more miserable.

Read More

Buchanan and Anarchism

Philosophy and MethodologyPolitical Theory

Blog07/31/2020

Economist James Buchanan thinks that a state is necessary, because people wouldn't be able to agree on the boundaries of their rights.

Read More

Say's Law and the Effects of a Growing Money Supply

Booms and BustsMoney and Banks

Blog07/31/2020

Economic growth results from increasing production, and the money supply is always sufficient to foster exchange. The boom-bust cycle only occurs when production is distorted by a growing money supply.

Read More

Trump's Spending Is Delaying a Recovery. Biden Would Be Even Worse.

Taxes and SpendingU.S. Economy

Blog07/31/2020

Debt matters, even if interest rates are low. Increasing debt and spending means lower growth and weaker real wages in the future.

Read More

Hopes for "China-ization" of Europe's Economy Fuels the Latest Investor Frenzy

Monetary PolicyTaxes and Spending

Blog07/30/2020

If there is a new dawn, it is for the Sinicization of Europe—China-style stimulus administered alongside a severely ailing financial system kept whole by widespread financial and monetary repression.

Read More

MMT's Very Odd Definition of "Savings"

Monetary PolicyInterventionismOther Schools of Thought

Blog07/30/2020

Proponents of modern monetary theory have come up with their own idiosyncratic definition of savings in support of their theory. But the common usage of the term shows MMT doesn't work the way its supporters think it does.

Read More
Shield icon wire