Mises Wire

What Happens When Central Banks Attempt to Tighten? Even More Resource Misallocation

Central BanksThe FedInflationMonetary TheoryPraxeology

Blog05/13/2022

Popular economic wisdom says central banks can counter harmful effects of inflation by raising interest rates. Unfortunately, such moves carry their own forms of misallocation of resources and capital.

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War, Sanctions, and Sanity: A Purely Hypothetical Inquiry

War and Foreign Policy

Blog05/11/2022

Sanctions are promoted as a response to international aggression. Yet, sanctions themselves are a form of aggression that, like war, usually have unhappy endings.

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Why the Warmongers Are Wrong about China

War and Foreign PolicyWorld History

By what yardstick would we threaten war for the independence of Taiwan but continue to tolerate 60 years of totalitarian repression in Cuba, 90 miles away?

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Why Social Issues Dominate

Decentralization and SecessionMedia and CulturePolitical Theory

Blog05/04/2022

Social issues, from abortion to critical race theory to teaching gender identity in elementary schools, dominate our politics and media.

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What Determines Interest Rates? Comparing Mainstream Economics to the Austrian School

Central BanksMoney and BanksCapital and Interest TheoryPraxeology

Blog04/29/2022

The typical mainstream economic view of interest rates ignores an important factor: individual time preferences.

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Why the Yen Fell While the Dollar Rallied

Blog04/28/2022

Will Japan ever change course on its negative interest rates? Only if voters begin to realize that the lack of inflation to date in Japan is simply good luck.

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Where the Truth Is Hidden: Debating the Current State of the US Armed Forces

Big GovernmentWar and Foreign Policy

Blog04/28/2022

With members of Congress claiming that the Russian invasion of Ukraine somehow threatens the US homeland, it is time to tell the truth about the military threats to this nation.

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We Still Haven't Reached the Inflation Finale

Blog04/12/2022

Is it too much to hope that the current inflation will "burn out" via similar mechanisms that have reined in inflation in the past?

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