Mises Wire

The Worst-Kept Secret in America: High Inflation Is Back

Money and Banks

Blog05/29/2021

From wood to copper to corn, prices for basic necessities for both production and consumption are rising to multiyear highs. The Fed says it has everything under control, but the Fed has a terrible track record in both predictions and executing its plans. 

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There's No Conflict Between Profit and "Social Responsibility"

Bureaucracy and Regulation

Blog05/27/2021

The "People over Profits" mantra is once again is being heard in Washington. But this time we're hearing about it from business lobbyists themselves who are now parroting leftwing slogans about "social responsibility."

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The Bogus January 6 Commission Poses a Real Threat to Freedom

U.S. History

Blog05/25/2021

Biden and congressional Democrats are seeking to turbocharge their push for a new domestic terrorism law to permit widespread federal crackdowns on their opponents. Any rigged commission would likely pour gasoline on a fire that could singe far more American rights and liberties.

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The New Constitution: The Ratification and Amendment Process

U.S. History

Blog05/18/2021

The founders of the new constitution proposed a cynical end run around state legislatures in order to improve the odds of ratification.  The "founding fathers" increasingly abandoned established law, justifying it with claims of a "national emergency."

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The Real Estate Boom in Vegas Is More Frenzied Than Ever

U.S. Economy

Blog05/17/2021

In Las Vegas, asset price inflation is combining with rising prices on building materials to create a real estate bubble of remarkable proportions. 

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These European Countries Beat Poverty and Increased Wealth with Low Taxes and Low Regulation

Global Economy

Blog05/14/2021

Social democrats love to denounce low-tax, probusiness regimes as "neoliberal" and as places with more poverty. But the reality is that parts of Europe that embraced markets most reduced poverty while making their citizens richer. 

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The US Government Is On Track to Top Last Year's Record-Breaking Deficits

Taxes and Spending

Blog05/13/2021

The deficit for the year is pushing $2 trillion. And we still have five months to go until the end of the fiscal year. Only during World War II were the deficits so huge in relation to GDP. Meanwhile, the Fed continues to print money to buy more Federal debt.

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There's No Reprieve in Sight from the "Monetary Repression Tax"

Money and Banking

Blog05/13/2021

There is nothing new in a fiat-money central bank imposing an effective tax on the public’s holdings of government debt by manipulating interest rates. But few thought it could go on this long. 

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