Mises Wire

Why Mainstream Economic Forecasts Are So Often Wrong

Money and BankingPhilosophy and Methodology

Blog01/08/2021

Thanks to politics, confirmation bias, and bad monetary economics, central banks have a lousy record when it comes to economic forecasts. 

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Why Trump Voters Don't Trust the People Who Count the Votes

Political Theory

Blog01/06/2021

If the FBI and the Pentagon have already demonstrated their officials are willing to break and bend rules to obstruct Trump, why believe the administrative class when they insist elections are free and fair and all above board? 

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Walter Williams: An Unlikely Proponent of Secession

U.S. History

Blog01/05/2021

Now is not the time to pine for the days of agreeable politics. In recent decades, the US has gone through radical political and cultural transformations that are making the country progressively ungovernable. 

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Why the 2020s Won't Be like the Roaring 20s

World HistoryMoney and Banking

Blog01/04/2021

The 1920s featured political détente, debt liquidations by prior consumer price inflation, an introductory stalling of monetary inflation, a German economic miracle, and a broad-based technological revolution. The 2020s have none of these. 

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Why the Corporate Paradox of Thrift Isn't Really a Problem

Money and BanksMoney and Banking

Blog12/29/2020

Corporate cost cutting sets the stage for future gains in profitability and productivity, and there is no resulting "paradox of thrift" requiring easy money policies to "fix" the problem. 

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What Should the West Rally behind? Not the State.

Blog12/29/2020

In his new book, conservative author R.R. Reno thinks that openness is not a strong enough principle for a society to rally behind. Unfortunately, his answer is to get behind the state.

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Why It's Important to Make the Moral Case for Capitalism

CapitalismMedia and CulturePhilosophy and Methodology

Blog12/23/2020

Yes, capitalism is more efficient than socialism, but to build a compelling argument for free market capitalism, defenders of liberty must also articulate that it is a superior moral system.

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Why the Marketplace Is Not a Zero-Sum Game

CapitalismMedia and Culture

Blog12/22/2020

Market progress through entrepreneurship and innovation means increased production. In a world of scarcity, that benefits all of us in society. That makes it a positive-sum game.

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