Mises Wire

Before Progressives Condemn Capitalism, They Should Be Able to Define It

Central BanksFree MarketsProgressivismCapital and Interest Theory

Blog08/08/2022

Although progressives and their allies might condemn capitalism, they rarely can define it.

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Back to the Future: Progressives Imagine the Good Old Days of Price Controls

Economic PolicyInflationPrice ControlsProgressivism

Blog06/23/2022

Inflation is raging and progressives want action. What kind of action? They want to return to the 1970s regime of price controls.

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Bastiat Predicted the Baby Formula Crisis 170 Years before It Happened

Economic PolicyPrice ControlsProtectionism and Free Trade

Blog06/04/2022

Although Biden presented the formula shortage as caused by "forces" outside the USA, the shortage is homegrown. Bastiat could have explained why.

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Baby Formula: Thank Protectionists and the FDA for the Shortage

U.S. Economy

Blog05/13/2022

With the shortage have come the usual half-baked bromides about "evil corporations" and how they aren't regulated enough. The real fault lies with welfare statists, Trump-style protectionists, and the FDA. 

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Biden: Inflation Is Everybody’s Fault but Mine

Money and Banks

Blog05/10/2022

For the past six months, the regime has repeatedly used whatever bogeyman could be blamed for inflation—so long as the central bank remains blameless. First it was "greed," then it was covid, and now it is "Mr. Putin."

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Biden-in-Wonderland: A $15 Minimum Wage Will Not Increase Business Costs

InflationLabor and WagesUnemployment

Blog05/10/2022

In a recent speech, President Joe Biden blamed inflation on businesses raising prices and told them that they needed to lower their business costs -- but boost wages. You do the math.

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Biden Admits That Sanctions Don't Work and They Make Us Poorer

Blog03/26/2022

The White House this week admitted sanctions don't work, but Biden thinks it's fine to shrug and say, "Sure, sanctions have failed, and are also causing food shortages, but that's just the price you little people gotta pay!"

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Bubble-Bust in Japan

Booms and Busts

Blog02/28/2022

The success of Japan after WWII was due entirely to low taxes, an appreciating currency, and a very high personal savings rate. That all changed when the bubble was born in the late 1980s.

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