Mises Wire

Why Cambridge Philosopher Raymond Geuss Hates Free Markets and Individualism

DemocracyLiberalismSocialism

Blog11/18/2022

Geuss claims to be a liberal against liberalism. Given that he has praised Lenin and Mao, that part about being against liberalism is certainly true. 

Read More

Are Progressive "Experts" Fallible? Yes, But Don't Tell Them That

Progressivism

Blog11/18/2022

Ours is an age of the progressive expert who nearly always is wrong but still is embraced by progressive politicians, the media, and academe.

Read More

Without Easy Money, the Tech Sector Faces Layoffs and Losses

U.S. History

Blog11/17/2022

Cheap money in the last decade has meant good times for companies that barely make money and hire employees who barely work. But those times are now ending. 

Read More

In the Red: The Federal Reserve’s Portfolio Joins the Rest of the Market

The FedInflation

Blog11/17/2022

The Federal Reserve has not only mismanaged the US economy; even its own "portfolio" is underwater.

Read More

The Housing Boom Is Already Over. The Housing Shortage Will Continue.

U.S. Economy

Blog11/17/2022

One might assume that new rounds of monetary stimulus will bring new peaks in housing construction, reversing the ongoing housing shortage.  That hasn't happened.

Read More

How to Think about Monetary Intervention

Blog11/17/2022

Value is a moving target because consumers want change over time and innovations and new opportunities. The constant adjustments mean the market is best understood as a process.

Read More

World War I: The Great War Was also the Great Enabler of Progressive Governance

The FedU.S. HistoryWar and Foreign PolicyWorld History

Blog11/16/2022

Historians praise the US entry into World War I because it enabled an Allied victory. But it also led to the economic disasters of the 1920s and ’30s.

Read More

Individual Time Preferences, Not the Central Bank, Determine Real Interest Rates

Central BanksThe FedInflationCapital and Interest Theory

Blog11/16/2022

The Fed's predictable response to inflation is based on erroneous economic thinking common with Keynesians. Only a free-market approach can reduce inflation and restore true market interest rates.

Read More