Mises Wire

On the Digital Future of Markets and Money

BitcoinCentral BanksInflationBusiness CyclesMonetary TheoryMoney and Banking

Blog06/14/2022

Digitization will undoubtedly bring great improvements and new opportunities for peoples’ lives. But digitization also has a downside.

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California Scheming: The Progressive Leadership's New Plan to Impose High-Cost, Low-Quality Medical Care

Economic PolicySocialismTaxes and Spending

Blog06/14/2022

California's progressive political classes now have a scheme to impose a single-payer system for medical care. If imposed, it will be costly but also ineffective.

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Slowing Money Supply Growth in 2022 Points to Recession

Money Supply

Blog06/13/2022

During April 2022, year-over-year money supply growth was at 7.23 percent. That's down from March's rate of 7.41 percent and April 2021's rate of 36.8 percent.

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The Inverted Yield Curve and Recession

Booms and BustsCapital and Interest Theory

Blog06/13/2022

Economists have failed to explain the mechanism by which an inverted yield curve signals an impending recession. But the Misesian explanation of the business cycle quite easily explains the pattern we observe in interest rates.

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Even When There Is Inflation, the Fed STILL Fights Falling Prices

The FedInflation

Blog06/13/2022

Forget the notion that the Fed "fights inflation." In fact, the Fed exists to promote inflation.

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The Libertarian Party at Fifty Years

Anti-PoliticsDemocracyLibertarianismThe Police State

Blog06/13/2022

Economic libertarianism, with its sole focus on government budgets and taxation, is a highly limiting political strategy. Libertarians should proceed as enemies of the state.

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The Five Stages of Totalitarianism

LiberalismSocialismThe Police State

Blog06/11/2022

Totalitarian societies do not become that way overnight. There are recognizable signs and stages which show how a society slides into that abyss.

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Market Success Is about Giving People What They Want

Anti-PoliticsThe EntrepreneurProgressivismEntrepreneurship

Blog06/11/2022

Progressives believe that economies should be run by high-IQ "experts." But successful market economies require entrepreneurs with an idea and the willingness to face uncertain economic conditions.

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