Mises Wire

To Avoid Civil War, Learn to Tolerate Different Laws in Different States

Decentralization and Secession


The end of Roe may force many Americans to recognize that the United States is not one place. It is many places. The key is to reject uniform federal policy. 

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The Fed's Tightening Will Only Drag Out the Economic Slump

The FedInflation


Tightening the interest rate hurts both bubble and solid businesses. The Fed should just focus on reducing the money supply.

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The Austrian Economics Meeting Europe Got a Taste of Cancel Culture

History of the Austrian School of EconomicsOther Schools of Thought


Many think cancel culture is an odd particularity of the Anglosphere. Unfortunately, it raised its ugly head at this year's Austrian Economics Meeting Europe held in Lithuania.

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The Great Reset in Action: Ending Freedom of the Press, Speech, and Expression



Governments never have respected rights of free speech. Today, they restrict freedom of speech and of the press and promote falsehoods in the name of "protecting truth."

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The Pigouvian Tax Is a Myth

Economic PolicyThe EnvironmentTaxes and Spending


Standard neoclassical economics texts claim a Pigouvian tax will lead to the "optimal" price and production of a good. But "optimality" is a myth.

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The Return of the Anguish of Central Banking: Why the Fed and Inflation Go Hand in Hand

Central BanksThe FedInflation


The buzz in Washington is that the Fed is "fighting inflation." But this is like an arsonist fighting the fire he started.

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The Curious Case of Ilya Shapiro


The Beltway is no place for loyalty.

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The Great Crash of 2022

The FedInflationU.S. EconomyBusiness Cycles

Anyone who doubts whether we are in a recession can stop doubting. The Fed's reverse repos show that we're headed for a crash.

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