Mises Wire

Governments Will Make You Poorer Again

Global Economy

Blog01/21/2023

Inflation at an annual rate of 5 percent is not a positive, and it is certainly not falling prices. Inflation is accumulative, and this means we are becoming poorer faster.

Read More

Corporate Welfare for Farmers Is Swell until It's Not: The Case of Arizona Reservoirs

U.S. History

Blog01/21/2023

What at first seem like gifts from the state (handouts for some at the expense of others) lead to unfortunate events that cannot be stopped once begun.

Read More

The Fed’s Quantitative Easing Gamble Costs Taxpayers Billions

Monetary PolicyMoney and BanksU.S. Economy

At current interest rates, the Fed’s operating losses will impact the federal budget for years, requiring new tax revenues to offset the continuing loss of billions of dollars in the Fed’s former remittances to the US Treasury.

Read More

The Trillion-Dollar Coin Idea Is Just Another Way to Rip Us Off

Money and BanksU.S. History

Blog01/20/2023

The difference between the trillion-dollar coin and the usual debt mechanism is simply the manner in which the taxpayers are exploited to pay for more government spending.

Read More

They Won't Leave Us Alone: The Invasion of Politics

HayekPolitics

Blog01/20/2023

Forget minding your own business. Ours is the age of invasive politics, demanding we take sides no matter how much we would like to be left alone.

Read More

Fiat Money Inflation Not Only Raises Prices but Also Undermines Division of Labor

InflationGold StandardInterventionism

Blog01/20/2023

Government interference into money creation and production harms the economy in a number of ways, including skewing the organization of division of labor.

Read More

Don't Call It Capitalism: The Fed's $8 Trillion Hoard of Financial Assets

Money and Banks

Blog01/19/2023

Now would be a great time to stop pretending that the financial sector is "free market" or that price inflation and cost-of-living surges are somehow all the fault of "capitalism."

Read More

The Modern State Cannot Exist without Fiat Money

U.S. HistoryBusiness CyclesGold StandardMonetary Theory

Blog01/19/2023

Fiat money is the fuel of the modern Leviathan state. If we wish to have freedom, we must have sound money.

Read More