Mises Wire

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.

Read More

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.

Read More

Losing Income Tax Privacy Is a Real Danger

Bureaucracy and Regulation

Blog05/16/2019

Tax bureaucrats are very useful in helping politicians abuse their power. Presidents have long used the IRS to harass and attack their political opponents.

Read More

Central Banks’ Crusade Against Risk

Blog05/15/2019

Central banks are absolutely committed to low rates because higher interest rates would turn the boom into bust, and would collapse our production and employment structure now based on a system of ultra-low rates.

Read More

Brexit's Downsides Are Caused by Our Own Government

Global Economy

Blog05/09/2019

Brexit and decentralization are good things, but the unfortuante truth is that harmful post-Brexit policies are equally likely to be imposed by the UK’s own government as by the European bureaucracy.

Read More

A Nuclear War? Over Venezuela?

War and Foreign Policy

Blog05/08/2019

How ironic that Pompeo and the rest of the neocons in the Trump administration are ready to violate the US Constitution in order to attack Venezuela to “restore their constitution.”

Read More

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.

Read More

Central Banks Are Propping Up Stock Prices

Blog04/11/2019

In the short term, a central bank can drive up stock prices by lowering the interest rate. In the longer term, it could sap the strength out of an economy.

Read More
Shield icon audience