Mises Wire

The New New Deal Has Already Arrived. Thank the Covid Panic.

U.S. EconomyU.S. History

Blog03/13/2021

The new covid relief bill signals that whatever restraint on public spending existed before 2020 is now all but gone. And the bill represents the beginning of a new era: an era that can be likened to that of the New Deal. 

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How the Fed's Inflation Is Driving Stock Buybacks

Financial Markets

Blog03/13/2021

An explosion in the money supply has driven many corporate managers to turn to stock buybacks as a safe alternative to holding on to depreciating cash. This means many companies are decapitalizing.

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State Issuance of Paper Money in the Early Republic

U.S. History

Blog03/12/2021

Most of the economic groups in the 1780s favored inflation: the main problem was in determining which groups would obtain the enjoyment of the newly created money.

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One Year Later: The Police Still Won't Come Clean on Duncan Lemp's Death

Law

Blog03/12/2021

Local politicians have pretended the Lemp killing never happened and the media let them get away with it—the same way that most of the New York media covered Governor Andrew Cuomo’s nursing home catastrophe last year.

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Why the State Won't Tolerate Independence for Christianity

Media and CultureU.S. History

Blog03/11/2021

The state seeks to not only supplant religious institutions by usurping their mundane functions but by usurping their spiritual functions as well. American Christian institutions form both a rival religion and a competing pole of social power.

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It's Time for the US to Withdraw from Korea

War and Foreign Policy

Blog03/11/2021

Pulling troops out of South Korea is an important step in changing the conversation on American foreign policy, which is swamped in platitudes of promoting missionary enterprises abroad and finding new bogeymen to confront. 

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Why a Green New Deal Is More Expensive Than Joe Biden Realizes

The Environment

Blog03/10/2021

Wind and solar power can work well when placed in an ideal location. Much of the time, however, these projects require a lot of fossil fuel to produce, but then never deliver the promised "zero-carbon" energy.

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In Some Countries, Lockdowns May Be the "New Normal"

Health

Blog03/10/2021

While some countries in Europe are showing signs of lifting all restrictions soon, Ireland’s so-called leaders are telling citizens it cannot be guaranteed that they’ll even be able to holiday in their own country this summer.

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