Mises Wire

The Historical Origins of Modern American War Crimes

Book Reviews

Blog11/01/2021

In many ways, the American war crimes of Korea and Vietnam were a continuation of American military conduct in the Civil War and during the Indian wars. 

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The Tragedy of the Government's Ban on Human Organ Sales

Blog10/29/2021

New tech shows some light at the end of the tunnel. But for decades, government bans on a market for human organs has condemned millions of people to early deaths and immense pain. 

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The Fed's Inflation Is behind the Supply Chain Mess

Money and Banks

Blog10/29/2021

The idea that supply chain problems are “driving inflation” gets the causation backward. It’s money supply inflation that’s causing the supply chain problems, not the other way around.

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Three Reasons to Start Taking Secession Seriously

Decentralization and Secession

Blog10/28/2021

All polities come to an end sooner or later. The fanciful America-will-last-forever position is something that should seem plausible only to small children or the hopelessly naïve. 

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Three Ways Government Spending Is Ripping Us Off

Blog10/27/2021

Whether through taxes, debt, or inflation, government spending is about ripping off the productive taxpayers. Argentina's inflation and runaway deficits provide a cautionary tale.

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Thanks to Central Banks, the Old Investment Rules Don't Apply Anymore

Financial Markets

Blog10/26/2021

Thanks to central banks' easy money policies, historically low interest rates and a desperate search for yield have created new danger zones for investors trying to stay out of trouble.

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Three Things the Fed Must Do to Normalize Bond Markets

Money and Banks

Blog10/21/2021

Policy normalization—defined as closing down the nonconventional toolbox and restoring a well-functioning price-signaling mechanism to the bond market—is difficult but possible.

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The Weak Jobs Report Shows the Failure of Keynesian Policies

U.S. Economy

Blog10/16/2021

We can see that these massive trillion-dollar stimulus programs generate a virtually nonexistent long-term positive impact, just a short-term bounce that lasts less than a quarter.

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