Mises Wire

Affective Polarization Is Making Us Dumber

AntipoliticsMedia and CulturePhilosophy


One way to combat intellectual atrophy is to learn from Ibram Kendi’s mistakes and do the opposite.

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A Fed-Induced "Neutral" Interest Rate Is a Contradiction in Terms

Economic PolicyThe FedCapital and Interest Theory


The Federal Reserve claims to know the “neutral” rate of interest, as though these things can be known administratively. Either interest rates are set by the market or done by fiat; it cannot be both simultaneously.

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American History Is a Preview of the Israel-Palestine End Game

U.S. HistoryWorld History


How the Israel-Gaza war ends is easy to imagine because it's following a path that has been trod many times before. We've seen it many times during conflicts between settler populations and indigenous populations worldwide

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A Rothbardian Critique of Effective Altruism

PhilosophyOther Schools of ThoughtPhilosophy and MethodologyPolitical Theory


"Effective altruism" has become a buzzword with modern progressives who seek to combine state power and billionaire-funded nonprofits to redirect resources.

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A Government Shutdown Is not the Problem. Public Debt Is the Problem.

Money and Banks


Those who defend the science fiction fallacy of MMT say that if the government cuts the deficit, then the world will run out of US dollars and there will be a global monetary meltdown. This is so ludicrous that it should not even have to be discussed.

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A Machiavellian Perspective on the Debt Ceiling and Entitlement Programs

Big GovernmentCronyism and CorporatismPoliticsU.S. Economy


Niccolò Machiavelli, who often is criticized for his views on using political power, understood the dangers of unchecked government spending. Perhaps our own political leaders should read "The Prince."

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Assessing the BRICS Expansion: Debunking Expectations

Global EconomyMonetary PolicyU.S. EconomyWorld History


Although there has been excitement and fanfare over the recent BRICS meetings and proclamations, it is doubtful that these economies’ performance can match their rhetoric.

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August Price Inflation Accelerated, and the Fed Fears More Is in Store

Money and Banks


Fed policymaking is all about political expedience. When we see Fed policy, we must keep in mind that "managing the economy" is secondary to managing public debt service and public expectations.

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