Mises Wire

Unlimited Government: Central Banks and Federal Spending during the Corona Crisis

Financial MarketsMonetary Policy

Blog07/14/2020

The average American has no memory of the gold standard or even the stagflation of the 1970s. The collective mindset is now the classic “kick the can down the road.”

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US Trade Is Crippled by the American Government, Not the Chinese

Economic FreedomHealthPrice Controls

Blog07/13/2020

Our government is forever whining about, threatening against, high drug prices. Our pharmaceutical industry is “fighting” the Chinese in this economic “war” with both its hands tied behind its back.

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Unemployment Kills: The Longer Lockdowns Last, the Worse It Will Get

Blog04/30/2020

Thirty million Americans are now unemployed, in part thanks to government "lockdowns." Meanwhile, unemployment in many cases doubles the unemployed person's risk of death through disease, suicide, or drug overdose.

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US Mandatory Spending Projected to Increase Over a Trillion Dollars by 2023

Taxes and SpendingU.S. Economy

Blog02/12/2020

Even if discretionary spending stays flat, total government outlays are estimated to increase by more than $1 trillion, significantly above any measure of tax revenues. And that is without considering a possible recession.

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Understanding Money Mechanics: A Crash Course on the Fed

The Fed

Blog01/15/2020

Economist Robert Murphy lays out the purpose and structure of his upcoming book Understanding Money Mechanics, a guide to the Federal Reserve System that is a must-read for laymen. It will be released as a bimonthly serial on the Mises Wire and then published as a book.

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Universal Basic Income: A Dream Come True for Despots

Big GovernmentThe Police State

Blog01/11/2020

A universal basic income can easily be weaponized as a tool to punish "antisocial" behavior such as holding "unacceptable" political views or otherwise engaging in what the state doesn't like.

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Understanding Elizabeth Warren's "Radical" Wealth Tax

Big GovernmentTaxes and Spending

Blog12/03/2019

Elizabeth Warren’s proposed wealth taxes will have devastating consequences on capital formation, and will encourage investors to hold riskier assets than they otherwise would have.

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Unions and Protectionism, Not Free Trade, Doomed the Rust Belt

Bureaucracy and RegulationLabor and WagesProtectionism and Free Trade

Blog10/18/2019

In the second half of the twentieth century, pro-union and anti-trade policies led to a Rust Belt that became uncompetitive, costly, and unable to cope with reality. More protectionism won't save the region now.

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