Mises Wire

True Budget Hawks Are Foreign Policy Doves

07/31/2019Power & Market

In adopting a noninterventionist foreign policy which is crucial to restoring constitutional government, it is impossible to be both a budget hawk and a war hawk.

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The ECB's Renewed Attack on Free Markets

Blog06/25/2019

The ECB isn't stopping with government bonds. It will end the current monetary experiment with widespread intervention in corporate debt and all aspects of the market, further destroying what freedom still exists in debt markets.

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The Next British Prime Minister: Is There a Least-Worst Candidate?

World History

Blog06/06/2019

Tory MPs vying for the Prime Ministership mostly all vote alike on taxes and foreign policy. So only the issue of Brexit separates the bad from the very bad candidates.

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The Fed Has No Choice But to Return to Ultra-Low Interest Rates

Blog06/04/2019

Markets are already betting that the Fed will re-commit itself to more stimulus and more ultra-low rates. The markets are probably right.

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The Scaremongers Are Wrong about Robots and AI

Labor and WagesPoverty

Blog04/29/2019

Even if a machine were technically capable of providing the same service more cheaply, many consumers are likely to prefer human staff in many cases, including nurses and care providers, entertainers, chefs, and teachers.

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The Fed Is Seizing Even More of the Marketplace

The FedFinancial MarketsMoney and Banks

Blog03/04/2019

The Fed is prepared to squeeze out what little is left of the free market forces in the debt market. The Fed wants full control so it can do "whatever it takes" to keep interest rates from rising above its very-low targets.

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The State Expands its Responsibilities In Order to Expand Its Power

Taxes and Spending

Blog02/16/2019

Governments take on a variety of responsibilities as a justification for greatly expanding powers — claiming these powers are necessary to fulfill these new responsibilities.

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The UK Government’s "Secret Plan" to Slash Taxes After a No-Deal Brexit

Blog02/14/2019

UK politicians are now at war as some push to make Brexit a catalyst for pro-market reforms such as slashing taxes. Others, however, want to double down on the worst the EU bureaucracy has to offer.

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