Mises Wire

Like the Old McCarthyism, the New McCarthyism Targets Russia

ProgressivismSocialismU.S. HistoryWar and Foreign Policy

Blog07/14/2022

In the 1950s, McCarthyism targeted people who were accused of supporting Russia. Today's McCarthyism targets people accused of supporting … Russia. Some things never change.

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Inflation Hits 9.1 Percent after Months of Empty Talk at the Fed

Money and Banks

Blog07/13/2022

June was the fifteenth month in a row during which price inflation outpaced earnings growth. June's gap is also among the biggest we've seen in decades.

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Argentina's Difficult Political Landscape and Libertarian Prospects for Change

Bureaucracy and RegulationDemocracyEconomic FreedomSocialism

Blog07/13/2022

Once wealthy Argentina has suffered under one interventionist regime after another for nearly a century. What are the prospects for changing things for the better?

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The Fed Cannot Go Bankrupt; However, It Can Bankrupt the Country

The FedInflationU.S. Economy

Blog07/13/2022

The Keynesians running our economic life may be reassured that the Fed cannot fail in a technical sense, but the public should be appalled.

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Money Supply Growth Fell Again in May as More Recession Alarms Ring

Money Supply

Blog07/12/2022

During May 2022, year-over-year (YOY) growth in the money supply was at 6.97 percent. That's down from April's rate of 7.25 percent, and down from May 2021's rate of 15.4 percent. The growth rate peaked in February 2021 at 23.12 percent.

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Turns Out the Elites Like the Administrative State Better than Democracy

Bureaucracy and RegulationCapitalismCronyism and CorporatismDemocracyLaw

Blog07/12/2022

The New York Times claims that the "administrative state"—that is, governance by unelected bureaucrats—protects our country and enhances democracy.

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The Industrial Revolution and the West Indies: Did the Colonies Spark Progress in the Metropole?

World History

Blog07/12/2022

The West Indies played a vital role in growing the British economy in the eighteenth century.

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More than Sixty Years after "Liberation," Cuba Is a Communist Slave State

Economic FreedomSocialism

Blog07/11/2022

More than sixty years after being "liberated" by Fidel Castro and communism, Cuba has become a large slave state where people enjoy little freedom.

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