Mises Wire

The Great Reset, Part IV: "Stakeholder Capitalism" vs. "Neoliberalism"

Bureaucracy and RegulationSocialism

Blog02/01/2021

If anything, stakeholder capitalism represents a consumptive worm set to burrow into and hollow out corporations from within, to the degree that the ideology and practice find hosts in corporate bodies.

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There Is No "Optimum" Growth Rate for the Money Supply

Money and Banking

Blog02/01/2021

Since the present monetary system is fundamentally unstable, there cannot be a "correct" money supply growth rate. The present monetary system emerged because money creation was politically necessary to sustain the fractional reserve banking system. 

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Government's Money Monopoly and the "Great Reset"

Booms and BustsInflationMoney and Banking

Blog02/01/2021

It should be clear by now that the unbacked paper money system is not only a cause of crises, it is also the central instrument of control for the oligarchic party elites and their supporters.

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A Wave of Abusive Federal Prosecutions Is Coming

LawThe Police State

Blog01/30/2021

With the Capitol riots, Biden has his 9/11. Now come the legal assaults against Americans. 

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Biden Seeks to Finish off Struggling Business Owners

Bureaucracy and RegulationThe Entrepreneur

Blog01/30/2021

If business owners were hoping to catch a break in 2021 after having been completely victimized by government lockdown procedures and left-wing rioting, they may want to brace themselves for more pain as the Biden administration gets going. 

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The ECB Is Playing a Dangerous Game with "Collective Action Clauses" on Bonds

Central BanksFinancial MarketsGlobal Economy

Blog01/29/2021

The ECB is now turning to a new mechanism by which a bond’s value can be legally reduced by the issuer in times of hardship. The purpose is to allow central banks and governments new ways of ripping off the private sector. 

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"The Squad" Rejects Expansion of Domestic Terrorism Powers Aimed at Trump Supporters

U.S. History

Blog01/29/2021

Despite the heightened partisan tensions in recent weeks and months, some progressive Democrats are drawing the line at expanding the police state’s powers over political dissidents.

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What Rights Do Future Generations Have?

The EnvironmentPhilosophy and Methodology

Blog01/29/2021

Many say economics must focus on preserving resources for distant future generations. They say climate change is why. That's may seem convincing in the abstract, but we soon learn how hard it is to predict future needs, and to ignore present ones. 

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