Mises Wire

Total Employed Workers Fell Again in November as Savings and Incomes Fall

U.S. Economy

Blog10 hours ago

From March 2022 to November, the number of total employed persons has only increased by 12,000 people meaning there are fewer employed people now than before the covid panic.

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The Fed Is Not "a Good Idea that Became Corrupt": It Always Was Corrupt

The FedProgressivismU.S. History

Blog12/01/2022

It is easy to think of the Fed as a good institution that simply lost its way. In truth, it was a bad idea and a bad institution from its beginning.

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The Reichsbank: Germany's Central Bank Lays Foundation of Monetary Disaster

Central BanksInflationMoney and BanksWorld History

Blog11/28/2022

Long before there was the infamous German inflation of 1923, the Reichsbank created the scenario of monetary debasement.

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Taxing the Wealthy: A Tale of Two State Propositions

Economic PolicyFree MarketsProgressivismTaxes and Spending

Blog11/28/2022

Massachusetts voters approved yet another tax hike for high-income residents, while California voters rejected a similar proposition. The current tax fever does not bode well for economic growth.

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The US Chip Blockade against China Is Creating Unplanned Consequences

Protectionism and Free TradeStrategyWar and Foreign Policy

Blog11/25/2022

Supporters of US microchip policy against China claim the policy is "strategic," but in reality, it is old-fashioned protectionism with all the usual economic damage.

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To UBI or Not to UBI, That Is the Question

HayekStrategy

Blog11/25/2022

Is there a case to be made for universal basic income? David Gordon examines the pro-UBI arguments by philosopher Matt Zwolinski.

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The Near Collapse of the UK Pension Sector Exposes Failures by Financial Regulators

Financial MarketsGlobal Economy

Blog11/24/2022

The woes of Britain's financial sector have been exacerbated by UK financial regulators' failures.

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The Federal Reserve's (Permanent) Knowledge Problem

The FedHayek

Blog11/23/2022

Federal Reserve officials, for all of their alleged wisdom and education, have a knowledge problem. Hayek and other Austrians could have told them their grandiose plans will fail.

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