Mises Wire

The Tea Party, Fifteen Years Later

AntipoliticsCorporate WelfareStrategy


Ah yes, the Tea Party. Fifteen years after it was established by followers of Ron Paul, the so-called antiestablishment organization has been co-opted by establishment Republicans. Dale Steinreich is not surprised.

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The Fed's Powell Admits "I Don't Know What We'll Do" in 2023

U.S. Economy


The Fed is winging it, but most on the FOMC believe only two more rate hikes are in the works, and then it's back to flooding the market with easy money. 

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Tax Cuts Do Not Cause Inflation. Printing Does.

Money and Banks


Cutting taxes does not add units of currency to the economy. It is the same quantity of currency only a bit more in the pocket of those who earned it.

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The "Barbarous Relic" Helped Enable a World More Civilized than Today's

KeynesMonetary PolicyGold Standard


John Maynard Keynes derided gold-based money as a "barbarous relic," yet it was gold that enabled a long regime of honest money -- and the advance of civilization.

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The Corporate Fairy Tale Is Dying as Economic Reality Sets In

Booms and BustsBusiness CyclesCapital and Interest Theory


For nearly two decades, business, academic, and political elites have spread the fiction that central banks can engineer prosperity by printing more money. Markets now are discrediting that fairy tale.

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The World Needs More Energy and Less Energy Regulation

Bureaucracy and RegulationFree Markets


Energy production in the USA and elsewhere is in trouble because of government control. We need more energy and less regulation.

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The G7 Cap on Russian Oil Is a Subsidy to China

Global Economy


Beijing must be very happy. Thanks to the "price cap," the Asian giant will secure a long-term supply at al attractive price from Russia and sell refined products globally at higher margins.

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Teaching Critical Race Theory Isn't Education; It's Indoctrination



The more we understand critical race theory, the more we understand that it is not compatible with a free society.

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