Mises Wire

Protectionism Is Immoral, Unjust, and Corrupt

Blog3 hours ago

If a businessman pulls a gun on a customer and demands 20 percent more for a product, that is robbery. If a politician intervenes to the same effect, it is fair trade.

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Why the Fed's 2 Percent Inflation Standard Is So Bad

Money and Banks

Blog5 hours ago

The world of the 2 percent target is something truly new and worse than what came before. It’s not the same old monetary policy but just with slightly higher inflation targets.

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Three Ways Government Spending Is Ripping Us Off

Blog11 hours ago

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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Monetary Policy and the Present Trend toward Central Planning

Money and Banks

Blog10/26/2021

There is need to realize that the economic policies of self-styled progressives cannot do without inflation. They cannot and never will accept a policy of sound money.

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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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Why Business Owners Can't Just "Pass on" Tax Costs to Consumers

Taxes and Spending

Blog10/26/2021

If business owners could increase their prices without a loss in sales, they would have already done so. Yet many conservatives mistakenly claim tax increases are just "passed on" to consumers.

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Why Interventionist Economists Love to Talk about Externalities

Property Rights

Blog10/25/2021

Step 1: claim that only government can solve the problem of "externalities." Step 2: claim that externalities are everywhere. Step 3: send in bureaucrats to solve every "problem" caused by externalities.

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1789: The First Thing the New American Government Did Was Raise Taxes

Blog10/25/2021

It turned out that taxation with representation could be just as oppressive as taxation without representation. Or worse.

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