Mises Wire

Why Government Stimulus Sometimes Looks like It Revives the Economy

Booms and BustsInflationOther Schools of Thought

Blog12/01/2020

Even when an economic bust appears, there may still be enough real savings in the economy to quickly put the economy back on track. This is what brings economic recovery, not artificial "stimulus."

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When Governments Confiscate Wealth to Fund Government Programs

Blog11/30/2020

When governments subsidize projects, citizens pay twice—once as taxpayers who indirectly pay the subsidy, and then again as consumers in higher prices for the goods they buy and in reduced consumption.

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Why Central Bank Digital Currencies Are a Bad Idea

Blog11/30/2020

The reasons why digital currencies are a bad idea are the same reasons why central banks are sure to implement them.

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Why Marx Never Figured Out How to Distribute Goods in a Socialist Society

Calculation and KnowledgeSubjectivism

Blog11/28/2020

Contra Marx, Mises understood that human desires and needs are not determined merely by biology. 

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Why Sound Money Is "Green" and Central Banks Aren't

Central BanksThe Environment

Although many central bankers have claimed the central banks are instrumental in ushering in a more green economy, a closer look suggests the opposite is true.

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Why Commies Hate Your Thanksgiving Dinner

Blog11/26/2020

In 1923 Lenin released a propaganda pamphlet titled Down with the Private Kitchen. It explained how private dinners with one's family are reactionary, bourgeois, and generally something requiring total destruction. 

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Was the Election Free and Fair? The American Foreign Policy Establishment Doesn't Care.

Blog11/25/2020

Regardless of how one feels about Donald Trump, anyone who values fair play, honesty, and the votes of legal voters should want thorough audits and investigations into the election process.

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Why the IMF Is Wrong about Liquidity Traps

Blog11/25/2020

As with seemingly everything else, the proposed answer to "liquidity traps" is loose monetary policy. In reality, the answer lies in encouraging savings and investment with sound money. 

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