Mises Wire

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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Unsound Money, Unsound Economy

The Fed

Blog09/12/2019

Central bankers like Alan Greenspan seem to think central bankers can be trusted to act with restraint. That's a risky plan, especially given that true and reliable constraints could be put on the money supply by adopting commodity money.

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Understanding "Brazil’s Donald Trump"

Global EconomyWorld History

Blog10/15/2018

As they did with Trump, the media categorizes Brazil's Bolsonaro as a “hateful” candidate, but it never tries to take a serious look at how Brazilians have suffered under leftist regimes.

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Understanding Money Creation and the Trade Balance

Money and BanksMoney and Banking

Blog03/21/2017
In the floating exchange rate framework, by means of monetary policy coordination central banks can create the illusion of currency stability.
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