Mises Wire

Declining Prices Do Not Destroy Wealth; They Enable Its Creation

InflationGold StandardPrices

Blog11/08/2022

Falling prices ultimately lead to an increase in savings and to the creation of new wealth.

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Today's Inflation Surge Should Discredit Modern Monetary Theory Forever

Blog11/07/2022

Modern monetary theory assured us that printing money wouldn't create an inflation problem. Oddly enough, we don't seem to hear much from the MMTers anymore.

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World Dollar Hegemony Is Ending (and That May Be a Good Thing)

InflationWar and Foreign Policy

Blog11/07/2022

The dollar's petrodollar status has led the Federal Reserve to irresponsibly inflate the currency. The rest of the world has noticed and is looking for alternatives.

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Multinational Agrichemical Corporations and the Great Food Transformation

Corporate WelfareCronyism and Corporatism

Blog11/05/2022

As "decarbonize agriculture" becomes the watchword, powerful multinational agriculture firms have embraced the 2030 UN agenda. Their actions will result in widespread hunger.

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Are Robots and AI Really Going to Displace All Workers? Probably Not

CapitalismFree MarketsStrategy

Blog11/05/2022

As fear that robots and artificial intelligence will take over whole lines of work, it is time to examine the real relationship between capital and the rest of us.

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The Number of Employed Workers Fell in October and Price Inflation Continues to Outpace Wages

U.S. EconomyU.S. History

Blog11/04/2022

The jobs data is worse than the latest headlines suggest, and workers are staring at falling real wages, declining savings, and mounting debt. We can thank the Fed. 

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