Mises Wire

Trump Can Ensure a V-shaped Economic Recovery by Heeding the Lessons of 1921

Blog08/03/2020

Does Trump not realize that if people do not get back to work, there will be no recovery at all?

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Hopes for "China-ization" of Europe's Economy Fuels the Latest Investor Frenzy

Monetary PolicyTaxes and Spending

Blog07/30/2020

If there is a new dawn, it is for the Sinicization of Europe—China-style stimulus administered alongside a severely ailing financial system kept whole by widespread financial and monetary repression.

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MMT's Very Odd Definition of "Savings"

Monetary PolicyInterventionismOther Schools of Thought

Blog07/30/2020

Proponents of modern monetary theory have come up with their own idiosyncratic definition of savings in support of their theory. But the common usage of the term shows MMT doesn't work the way its supporters think it does.

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Yes, QE Creates Wealth Effects

The FedFinancial MarketsMonetary Policy

Blog07/24/2020

According to Keynesians, wealth effects result from money creation, and they have a beneficial impact. The Keynesians are right that wealth effects exist. But they're wrong about who benefits.

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New Kosovo Indictment Is a Reminder of Bill Clinton’s Serbian War Atrocities

War and Foreign PolicyWorld History

Blog07/18/2020

President Bill Clinton’s favorite "freedom fighter" in Kosovo just got indicted for mass murder, torture, kidnapping, and other crimes against humanity.

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Well-Intentioned Policies That Make Life More Expensive

Economic FreedomInterventionism

Blog07/15/2020

From rent to jobs, to marriage, government regulations are incessantly raising the cost of doing business. 

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US Trade Is Crippled by the American Government, Not the Chinese

Economic FreedomHealthPrice Controls

Blog07/13/2020

Our government is forever whining about, threatening against, high drug prices. Our pharmaceutical industry is “fighting” the Chinese in this economic “war” with both its hands tied behind its back.

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You Don't Have to "Cultivate Poverty" to Pursue Truth, Contrary to Thoreau

CapitalismMedia and CultureU.S. History

Blog07/11/2020

Henry David Thoreau left behind many great admonitions. Alas, philosophical gems are not legal tender when rent is due.

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