Mises Wire

What Will It Take to End Rampant Home-Price Inflation?

U.S. History

Blog9 hours ago
Real deflation—both monetary inflation and price inflation—is necessary, and that can only be accomplished if the Fed can resist the temptation to keep doing what it's been doing since 2008
Read More

Who Owns Federal Reserve Losses and How Will they Impact Monetary Policy?

Money and Banking

The Fed is losing a lot of money. The Fed's  stated plan is to monetize these losses and still report a positive capital and surplus position through the use of “creative accounting.”

Read More

Why Police Do Nothing While Kids Are Killed

Blog06/22/2022

Unlike a private-sector service, police do not operate under any contractual obligations to provide services in any particular way. They can choose to do nothing at all, and face no real consequences. 

Read More

What Is Stagflation and What Causes It?

Central BanksInflationUnemployment

Blog06/09/2022

The specter of stagflation is with us again despite Keynesians' claims that a new bout of inflation will lower unemployment. What causes it?

Read More

Will Punch-Drunk Biden Take America Down with Him?

Anti-PoliticsBureaucracy and RegulationEconomic Policy

Blog06/08/2022

Inflation is at a forty-year high, fuel prices are wreaking havoc, and there's no end in sight. Time for Biden to tell us how good we have it.

Read More

Why Russia's Authoritarian Regime Continues to Enjoy Public Support

Anti-PoliticsDemocracyLegal SystemThe Police State

Blog06/02/2022

Vladimir Putin (not unlike President George W. Bush) has led his country into a destructive war, yet the Russian political leadership enjoys wide public support.

Read More

What Krugman Gets Right and Wrong on Trade Surpluses

Protectionism and Free TradeOther Schools of Thought

Blog05/25/2022

Krugman’s recent NYT column on Russia features commentary on trade surpluses that is at best very misleading.

Read More

What Happens When Central Banks Attempt to Tighten? Even More Resource Misallocation

Central BanksThe FedInflationMonetary TheoryPraxeology

Blog05/13/2022

Popular economic wisdom says central banks can counter harmful effects of inflation by raising interest rates. Unfortunately, such moves carry their own forms of misallocation of resources and capital.

Read More