Mises Wire

Yet Another Month of Questionable Federal Jobs Data as 310,000 Fewer People Report Having Jobs

U.S. Economy

Blog11 hours ago

In 2023, self-employment has collapsed again with year-over-year self-employment growth dropping by 6.5 percent. That's the largest drop since December 2007, when the Great Recession officially began. 

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You Don’t Like It? Leave! The Telling Sophistry of Tax Apologists

Big GovernmentDemocracyTaxes and Spending

Blog05/04/2023

Contrary to the worldview of progressives, taxation and the coercion it brings are not part of a "social contract." Instead, they are implemented by force.

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Yes, the Latest Bank Bailout Is Really a Bailout, and You Are Paying for It.

Money and BanksU.S. Economy

Blog03/13/2023

The Fed is launching a new billionaire bailout designed to keep banks afloat, and the FDIC is promising to back potentially trillions in deposits. The taxpayer will ultimately be on the hook. 

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Yearning for Beauty in the Truth of Economic Thinking

Economic FreedomStrategyAustrian Economics Overview

Blog03/10/2023

Those adhering to Austrian Economic thinking see the beauty in concepts coming together and providing a way to truthfully assess human action.

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Yes, the US Government Has Defaulted Before

Blog02/07/2023

While the 1979 default was relatively small, the 1934 default affected millions of Americans who had bought Liberty Bonds mistakenly thinking the government would make good on its promises.

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You Think the Global Economy Is Brightening? Beware: The Big Hit Is Yet to Come

Booms and BustsCentral BanksThe FedMonetary PolicyU.S. Economy

Blog02/02/2023

While President Joe Biden's White House continues to give happy talk about the economy, some major economic storm clouds are brewing. The future does not look good.

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Yuri Maltsev, RIP

Free MarketsWorld History

Blog01/26/2023

Yuri Maltsev, a Mises Senior Fellow who once was an advisor to Mikhail Gorbachev when he was an economist in the USSR, has passed away. Rest in peace.

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Yes, the Minimum Wage Harms the Economy

Free MarketsLabor and WagesU.S. Economy

Blog01/25/2023

The imposition of minimum wages harms the economy, although there are nuances in how much harm they cause. It is better not to impose minimum wages at all.

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