Mises Wire

Inflation or Recession? The Fed Faces a Choice.

Booms and BustsThe Fed

Blog01/03/2022

Contractionary monetary policy may be necessary to slow the rise of inflation, but the recessionary results of this remind us why the Fed's inflationary policy is so dangerous.

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Is the Crack-up Boom Here?

Money and Banks

Blog12/28/2021

Crack-up booms have historically facilitated the growth of authoritarian political movements. This is not inevitable. But we do need radical change to today's fiscal and monetary disasters.

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It’s Time to Renew Your Mises Membership

Blog12/16/2021

If you believe in Austrian economics, freedom, and peace, join the Mises Institute in our crusade against statism in all its many forms.

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Inflation Surges Near to a 40-Year High. Wages Aren't Keeping Up.

U.S. Economy

Blog12/11/2021

During November, average hourly earnings increased 4.8 percent, year over year. But with inflation at 6.9 percent, earnings aren’t keeping up. Meanwhile, the Fed will do little for fear of spooking Wall Street.

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In Defense of Turgot

World History

Blog12/10/2021

Turgot understood primitive modes of social organization are able to support much smaller numbers of people. If population increased, an egalitarian primitive society would be unable to cope with the added burden.

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It's Time for the US To Stop Courting Conflict with Russia

Blog11/23/2021

Biden's team is dominated by liberal internationalists, and just as their aggressive approach to China is the wrong one to take in the Indo-Pacific, it has long been counterproductive in eastern and southern Europe.

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Is the Constitution Broken beyond Repair?

U.S. History

Blog11/17/2021

"No one, including Andrew Jackson, had ever explicitly argued before [Lincoln] that the Constitution authorized or obligated full-scale invasion and coercive measures."

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Is Price Stability Really a Good Thing?

Money and Banks

Blog11/17/2021

Contrary to popular thinking, there is no such thing as a price level that should be stabilized by the central bank in order to promote economic prosperity.

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