Mises Wire

Is the Money in Your Checking Account Yours or the Bank's?

LanguageMoney and BankingOther Schools of Thought


While supporters of fractional reserve banking claim banks inform depositors that they are really lenders (and banks are borrowers), a survey of the fine print yields says otherwise.

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It’s Time for Some Debt and Entitlement Alarmism

Big GovernmentThe EnvironmentMedia and CultureTaxes and Spending


Climate alarmism dominates the news cycle, but perhaps people be more alarmed by massive federal budget deficits and runaway entitlement spending.

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Is the Gig Economy on the Verge of Destruction?

Bureaucracy and RegulationCronyism and CorporatismEconomic PolicyCalculation and Knowledge


Thanks to government interventionism and regulation, the once-promising gig economy is foundering. It's time to let entrepreneurs be entrepreneurs.

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Inflation: Government’s Insidious Form of Theft

The FedInflationMonetary Policy


While court economists such as Paul Krugman insist that inflation is government's way of ensuring full employment, in reality, inflation is one of the many ways governments steal from productive people.

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Is the US Banking System a House of Cards Waiting to Topple?

Booms and BustsMonetary PolicyMoney and BanksU.S. EconomyMoney and Banking


Decades of low interest rates have ruined saving in the US economy, and banks are going to pay dearly for it.

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Is China Colonizing Jamaica?

Economic PolicyThe EntrepreneurLabor and WagesWorld History


Some Jamaicans complain that the Chinese are "colonizing" the country because of their economic success there. Actually, their success is due to entrepreneurship and plain hard work.

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Is the Monopoly Board Game Like Real Markets?

Economic FreedomFree MarketsMedia and CultureEntrepreneurship


Many people believe that the board game Monopoly, developed during the Great Depression, mimics a real-world capitalist economy. Monopoly is a game, not real life.

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Inflation Is a Giant "Skim" on the American People

Corporate WelfareInflationMoney and BanksU.S. EconomyU.S. History


Contrary to the government's line that "inflation hurts everyone," inflation really is a wealth transfer from those without political power to the politically connected.

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