Mises Wire

A Credit Crunch Is Inevitable

Money and Banks

Blog05/06/2023

The combination of higher rates and declining optimism about the economy, plus slumps in equity, private investments, and bond valuations, is going to inevitably lead to a massive crunch in access to credit and financing.

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Washington Has No Moral Authority to Ban Guns

Big GovernmentThe Police StateWar and Foreign Policy

Blog05/05/2023

Another mass shooting, another call for gun control. However, when it comes to mass killings, Washington sets the sorry example.

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Is Social Justice Just? A Review

Media and CulturePhilosophy and MethodologySubjectivismValue and Exchange

Blog05/05/2023

Modern Western culture is dominated by demands for "social justice." But how does one even define this term, and does social justice even produce justice in the end?

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Shedding Light on the Law of Unintended Consequences

Bureaucracy and RegulationU.S. EconomyInterventionism

Blog05/05/2023

It is the right of the consumer, not the regime, to determine what lighting sources work best for them.

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Will a New BRICS Currency Change Anything? Maybe

Central BanksGlobal EconomyMonetary PolicyWar and Foreign Policy

Blog05/04/2023

As the US government debases the dollar, other nations take notice and possibilities increase that another currency based on sound principles might emerge.

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The Dominion Lawsuit against Fox News Is Part of the War against Free Speech

U.S. History

Blog05/04/2023

Taxpayer-funded company Dominion is suing private parties for saying things the company doesn't like. These lawsuits illustrate how defamation laws can be used to destroy free speech.

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You Don’t Like It? Leave! The Telling Sophistry of Tax Apologists

Big GovernmentDemocracyTaxes and Spending

Blog05/04/2023

Contrary to the worldview of progressives, taxation and the coercion it brings are not part of a "social contract." Instead, they are implemented by force.

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Jay Powell Said the Banking System Is "Sound and Resilient." Now More Banks Are in Trouble.

Money and Banks

Blog05/03/2023

If the Fed is serious about bringing down price inflation, it's difficult to see how the Fed can do that while also guaranteeing more liquidity to an obviously fragile banking system.

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