Mises Wire

Why Economics Cannot Be Understood through Experimentation

Philosophy and Methodology

Blog09/01/2020

Human beings make choices based on their own personal goals and values. There is no way to recreate these conditions in a laboratory experiment.

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Want to Really Cut Taxes? Cut Government Spending.

Taxes and Spending

Blog08/25/2020

To cut taxes without cutting spending means greater burdens on the private sector through more government borrowing, higher indirect taxes, and monetary pumping which will come in the future. 

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Why "Price Stability" Policies Fail

InflationPrices

Blog08/17/2020

All price changes have real effects on demand for goods, and therefore alter goods' prices relative to one another. For this reason changes in the money supply can't fail to affect resource allocation.

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The Origins of the Dollar's Value

Blog08/07/2020

 The value of a paper dollar originates from its historical link to commodity money—which happens to be gold—and not government decree or social convention.

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Why Keynes Was Wrong about Consumer Spending

Blog08/04/2020

In the real world, an artificial boost in demand that is not supported by production leads to the destruction of a society's wealth.

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The Government Wants Your Crypto Data. And Lots of It.

Big GovernmentBitcoinThe Police State

Blog07/29/2020

Cryptocoins aren't entirely anonymous, and the state is hard at work gathering as much information as it can on all crypto users.

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The Only Long-Term Solution to a Bust Is to Rebuild Savings

Blog07/25/2020

What is required is to seal off all the channels that undermine the generation of real savings. This means that what is required is to close all the loopholes that enable monetary pumping and to cut the government outlays to the bone.

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A Rising Demand for Money Won't Save Us from Inflation

InflationMoney and Banks

Blog07/20/2020

The conventional view is that new money creation is no problem so long as the demand for money is increasing. The conventional view is wrong.

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