Mises Wire

No, Inflation Is Not Good for You

Money and Banks

Blog11/22/2021

According to the Marxists and their fellow travelers, inflation is good because it transfers wealth from creditors to debtors, and debtors are "the 99 percent." But inflation doesn't work that way.  

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OPEC Can't Make High Oil Prices Go Away

World History

Blog11/20/2021

OPEC is not irrelevant, but the fact is that rising oil prices are more a function of monetary inflation and government efforts to stifle the oil industry.

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"Going Cashless" Isn't as Easy as It Seems

Money and Banks

Blog11/20/2021

The fact that various electronic money transfers are taking place does not mean that we do not require cash any longer. On the contrary, the fact that the cash exists enables those transfers to take place.

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Mexico Flirts with Nationalizing Its Electricity Sector

U.S. History

Blog11/19/2021

Mexico is not hindered by capitalism run amok, but by state actors, whether they be ignorant or malicious. The state will not save the Mexican economy. Real market freedom will.

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Why It's Important to Prepare Students for "Trick Questions"

Philosophy

Blog11/18/2021

A "good" education consists of learning how to spot "trick questions" that lead us astray from clear thinking. We often see that every "free lunch" offered by politicians involves at least one trick question.

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The Oklahoma National Guard Refused the Vax Mandate. The Pentagon Is Not Pleased.

War and Foreign Policy

Blog11/18/2021

Combined with the US military’s turn toward “woke” politics, this latest episode around vaccine mandates will further help to undermine support for military institutions among conservatives and Republicans. 

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Why Care about Inequality?

Book Reviews

Blog11/18/2021

Inequality can exist and grow even if everyone is becoming better off—but some are becoming more better off than others. Should we care about this kind of inequality? 

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Homicide Rates in 2020 Surged to a 24-Year High. It's Another Sign of a Failing Regime.

Blog11/17/2021

Homicide rose at a remarkably fast rate in 2020. This may be a sign that the public is losing faith in the legitimacy of the regime. We see this from doubts about elections to outrage over riots and police abuse.

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