Mises Wire

Review: Orwell's The Road to Wigan Pier

SocialismWorld History


While George Orwell wrote magnificently against totalitarianism, his attempt to defend socialism in The Road to Wigan Pier stumbled badly.

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Rothbard: Essentials of Money and Inflation

Big GovernmentThe FedMoney and Banking


The government and its central bank act precisely as would a grand counterfeiter, with very similar social and economic effects.

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Rothbard’s Button Doesn’t Exist, but It Needs to Be Invented

Bureaucracy and RegulationEconomic FreedomEuropePrice ControlsWar and Foreign PolicyWorld History


In 1948, Ludwig Erhardt rescued a German economy that was in shambles simply by invoking free markets and currency reform. Our economy needs its Rothbard moment.

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Rothbard: The Myth of Tax "Reform"

Big GovernmentTaxes and SpendingFiscal TheoryInterventionism


Our taxes are due today. It's a reminder that we must get past the tax reformers’ favorite ploy of revenue neutrality.

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Rothbard Was Right: Wars Don't Enhance Freedom. They Destroy Liberty.

Media and CultureWar and Foreign Policy


We hear ad nauseum from political and media elites that the war in Ukraine is about preserving "our freedoms." Murray Rothbard had something to say about this sophistry.

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Real Wages Fall for Two Years Straight as "Transitory" Inflation Turns Stubborn

Money and Banks


The disease has always been the easy-money fueled boom. Price inflation is just a symptom.

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Real Wages Fall, Food Service Jobs Rise as Layoffs Mount


The problem isn't that the Fed is now allowing rates to rise. The problem is that the Fed forced those rates down much too far for much too long. 

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Role Reversal: The Collapse of the Dollar-Enforced Empire

The FedInflationMonetary PolicyU.S. HistoryWorld History


A generation ago, the Berlin Wall fell and the USSR collapsed. Today, US monetary authorities are bringing down our own country.

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