Mises Wire

The Cult of Smart

Book ReviewsEducation

Blog01/02/2021

The government spends vast amounts of money on educational programs that aim to give “equal opportunity” to those deemed disadvantaged, but there is little or no evidence that these programs achieve anything.

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The Great Reset, Part III: Capitalism with Chinese Characteristics

SocialismPolitical Theory

Blog01/01/2021

China is the model for the economic and political system being promoted in the West, and the Great Reset is the most forthright articulation of that system—although its articulation is anything but perfectly forthright.

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The ECB’s Latest Big Mistake

Money and Banking

Blog12/31/2020

The worst excuse of all is that “there is no inflation.” It’s like driving a car at 300 miles an hour on the highway, looking in the rearview mirror and saying, “we haven’t killed ourselves yet, accelerate.”

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The Result of "Too Much Money": Asset Price Inflation and Inequality

Money and Banks

Blog12/31/2020

While it took the Federal Reserve almost six years to create 3.5 trillion in new US dollar liquidity after 2008, this time around, it took only ten months to unleash a monetary tsunami of $3 trillion, with the projection of at least another $1.8 trillion next year.

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The Mises Review: Book Reviews from 2020

Book Reviews

Blog12/30/2020

As we prepare for 2021, here is a collection of Dr. Gordon's book reviews from the past year. Each article features his piercing Rothbardian-insight into some of the most important new books of 2020.

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The Disaster of Bretton Woods vs. a Real Gold Standard

Book ReviewsMoney and Banking

Blog12/30/2020

The French economist Jacques Rueff was the foremost opponent in the twentieth century of the gold exchange standard.  He well described how the Bretton Woods enabled the US government to engage in seemingly endless deficit spending. 

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The Fed Won't Save Us from the Growing Jobs Recession

The FedFinancial Markets

Blog12/28/2020

No matter how bleak the economy may be, the Keynesians are likely to say, “It would have been worse without us.” 

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The Great Reset, Part II: Corporate Socialism

Blog12/26/2020

The aims of the WEF are not to plan every aspect of production and thus to direct all individual activity. Rather, the goal is to limit the possibilities for individual activity—by dint of squeezing out industries and producers within industries from the economy.

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