Mises Wire

Greater Idaho Movement Is the Latest Indicator of a Shift toward Decentralization

Decentralization and Secession

Blog03/11/2020

Recently disgruntled residents of rural counties in southwest Oregon have been organizing a petition to move Idaho’s border westward to form a “Greater Idaho” that could also potentially include parts of Northern California.

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If China Is the Problem, Can't We at Least Have Free Trade with Everyone Else?

Protectionism and Free Trade

Blog03/10/2020

Protectionists think China is a geopolitical threat. I get that. But their (weak) arguments about China don't apply at all to the rest of the world.

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The "Market Monetarists" and NGDP Targeting

Financial MarketsMonetary PolicyOther Schools of Thought

Blog03/10/2020

A relatively new challenge to the Austrian framework comes from the “market monetarists” and their endorsement of a central bank policy of “level targeting” of nominal gross domestic product.

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Mexico's Leftist Leader Is Turning Out To Be a Disaster

Media and Culture

The last sixteen months of López Obrador's administration have been a show of incompetence, yet people continue to cling to the idea that the key to solving Mexico's problems is getting the "right people" in office.

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Entrepreneurs Flourish Most Where There Is a Culture and History of Entrepreneurship

The EntrepreneurFree Markets

Blog03/10/2020

Governments that hamper entrepreneurship certainly damage it in the near term. But these measures destroy the conditions necessary for innovation and entrepreneurship in the future as well.

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Why Sweden’s Negative Interest Rate Experiment Is a Failure

Blog03/09/2020

After years of negative rates, Sweden's central bank moves toward positive rates again. But this is setting the stage for an economic bust.

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The Fed Panicked, and Its Rate Cut Is Making the Economy Worse

The FedGlobal Economy

Blog03/09/2020

The Federal Reserve's monumental mistake of cutting rates this past week can only be understood in the context of the rising God complex of central planners: an overwhelming combination of ignorance and arrogance.

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What Comes after Quantitative Easing?

Booms and BustsInflationMonetary Policy

Blog03/09/2020

What we observe today is a desperate fight against deflation. We know that this situation is unsustainable, but we do not know to which side the balloon will fall.

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