Mises Wire

In a normal universe, we have a name for this sort of monetary policy: it’s called “extreme dovishness” or “extremely accommodative.” In the bizarro world of 2021, it is anti-inflationary.

When it comes to both monetary and fiscal policy, sloppy definitions of inflation drive sloppy policymaking.

Francis should note that the move toward freer markets, in India and China especially, resulted in the huge reduction in extreme poverty we have witnessed over the last few decades.

China’s real estate problems are three: the massive size of the sector, its excessive leverage, and the amount of developer debt in the hands of average households and retail investors.

The cozy relationship between multinational corporations and governments has aroused the scorn of a few left-leaning critics. They note that the governance model of the World Economic Forum represents at least the partial privatization of the UN’s Agenda 2030, with the WEF bringing corporate partners and money to the table.

Medical identifiers would make it impossible to ensure confidentiality of medical records. The result will be a medical caste system.

In many ways, the American war crimes of Korea and Vietnam were a continuation of American military conduct in the Civil War and during the Indian wars. 

Not even the US’s ostensible allies can escape. NATO members Hungary and Poland were called "totalitarian regimes" by Biden because the two countries have run afoul of the West's ruling elite.

Any economist should have been able to see that having the monetary spigot on full blast to “stimulate” would raise prices down the road.  We are now down that road.

Internationalism in the interpretation of libertarian philosophy and Marxist doctrine are two completely different concepts. One is a natural outcome of human cooperation. The other is pure myth.