Mises Wire

Interest Rate Tightening Will Cause Even More Economic Destruction

InflationMonetary Policy

Blog07/23/2022

Rather than contributing to a "soft landing," raising interest rates will continue to destroy wealth.

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How to Teach Austrian Economics in the Current Political Atmosphere

Economic PolicyEducationAustrian Economics Overview

Blog07/22/2022

As the US political landscape shifts rapidly and college economics departments become increasingly hostile, the way we teach free-market economics will change.

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Like the Fed, the ECB Is Still a Long Way from "Normal" Monetary Policy

Money and Banks

Blog07/22/2022

It's going to take more than a 0 percent policy interest rate and a newly invented name for QE to really address years of monetary inflation. 

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The British Agricultural Revolution Gets No Respect

BiographiesEconomic FreedomProtectionism and Free Trade

Blog07/22/2022

Most people think the Industrial Revolution catapulted humanity into modern comfort, but this narrative leaves out the agricultural revolution that had to come first.

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"Transitory" No Longer: Double-Digit Inflation Is Already Here!

Booms and BustsInflation

Blog07/22/2022

Forget the talk from Biden and economists like Paul Krugman. Double-digit inflation is here, and it will be with us for a while.

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The Canaries in the Coal Mines Are No Longer Singing

Booms and BustsThe FedInflationBusiness Cycles

Blog07/21/2022

Mortgage companies and realtors are today's canaries. They're in deep trouble, and so are the rest of us. 

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Don't Let Them Claim Uvalde's Police Failure Was Just a Local Problem

U.S. History

Blog07/21/2022

Nearly four hundred local, state, and federal police were involved in the law enforcement debacle at Uvalde. Ninety-one state troopers did nothing. This isn't just local. 

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The Federal Reserve Now Is between the Proverbial Rock and a Hard Place

Booms and BustsThe FedBusiness Cycles

Blog07/21/2022

The great credit expansion Alan Greenspan began thirty years ago has finally run its course. The Fed no longer can expand credit to fight the oncoming recession.

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