Mises Wire

Would Stress Tests Have Prevented the Failure of SVB? Probably Not

Bureaucracy and RegulationThe FedInflationMoney and Banks


While progressives are claiming the collapse of Silicon Valley Bank was due to poor regulation, the real problem is the easy money policy of the Fed.

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With the Trump Indictment, America Is a Step Closer to Being a Banana Republic



Democratic politicians and supporters are cheering the Trump indictment, but the entire process has been so politicized that its legitimacy is easily called into question.

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Wisdom from a Yenta

PhilosophySocialismWorld HistoryPhilosophy and Methodology


Philosopher Susan Neiman may be a leftist, but she recognizes the dangers of woke progressivism.

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Why Most of the World Isn't on Board with the NATO-Russia War

AntipoliticsWar and Foreign Policy


Many governments support continuing the Ukraine war, but ordinary people in Europe, America, and the developing world fear the war will bring economic disaster. 

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Why Fractional Reserve Banking Is behind Bank Failures

Central BanksMonetary PolicyMoney and Banks


Suppose an addict had the ability to magically create, ex nihilo, his own stimulating drug, as fractional reserve banks can do with money and credit. Would you expect moderation?

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Why Governments Waste Resources: The Case of Newfoundland’s Joseph R. Smallwood

Corporate WelfareCronyism and CorporatismTaxes and SpendingCalculation and Knowledge


Politicians promise economic miracles, but in the end they waste resources and engage in economic destruction. Newfoundland is a case study.

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What Have We Learned? Lessons from America’s Great Depression?

Book ReviewsBooms and BustsAustrian Economics Overview


“America’s Great Depression” serves as a reminder that a brighter future where these missteps are recognized and no longer pursued, is in fact possible.

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Why Biden's Spending Is Unsustainable

Cronyism and CorporatismDemocracyEconomic PolicyProgressivismTaxes and SpendingU.S. Economy


It's popular for politicians to claim they will never cut Social Security. But doing nothing now about the program means imposing an even larger hit on seniors in the future. 

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