Mises Wire

It's Never Too Late to Begin Protesting against the Proposed Central Bank Digital Currency

Monetary PolicyInterventionismMonetary Theory


The proposed central bank digital currencies are not a new and convenient high-tech form of money. Instead, they are yet another power grab by government authorities, continuing the shameful history of government corruption of money.

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Is the Japanese Low Inflation–Low Interest Rate Model at an End?

CapitalismCentral BanksEconomic PolicyMoney and Banks

For nearly three decades, the Japanese economy has slowly imploded under low interest rates and heavy government debt. It may soon be time to pay the piper.

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In Defense of Covid "Price Gouging"

The FedInflationMonetary Policy


When consumer prices shot up after the massive monetary injections undertaken to counteract the job-killing Covid lockdowns, the political classes called it "price gouging." Indeed, when government inflates, we need all the price gouging we can get.

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Infective Maltruism: Is Charity Still Charity When It Is Performed for Uncharitable Reasons?

Cronyism and CorporatismProgressivism


What often passes as charity today is little more than progressive billionaires trying to force the Great Reset on unwilling subjects.

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Industrial Policy Did Not Bring Prosperity to Asia

Bureaucracy and RegulationCronyism and CorporatismProgressivismSocialism


Forty years ago, American politicians claimed that Japanese economic success was due to government economic planning. Unfortunately, the myth of industrial policy never seems to die, no matter how many times it is discredited.

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In Jamaica, the Tourists Party On behind High Walls and Locked Gates

DemocracySocialismProduction Theory


High time preferences also mean high times in a party atmosphere. When Jamaica embraced socialism many decades ago, it wasn't supposed to come to this.

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It's Not Discrimination, Even When the Government Claims Otherwise

Free MarketsProgressivism


Governments are demanding there be "proportional" representation of women in professions that women historically have avoided. Those efforts will be unsuccessful.

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In the Red: The Federal Reserve’s Portfolio Joins the Rest of the Market

The FedInflation


The Federal Reserve has not only mismanaged the US economy; even its own "portfolio" is underwater.

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