Mises Wire

MMT is a pseudoreligious conviction that anything is possible and that the one and only solution is always Glorious Government.

Thanks to private property, trade, and the Industrial Revolution, there isn't much to be gained from wars among rich countries anymore. But things are different in the developing world. 

Much talk about the central bank's policy centers on whether the target interest rate is above or below the "natural rate." Unfortunately, we will never know what the natural rate is. 

The Fed is dumping cash into Fannie and Freddie which is helping investors buy up more trailer parks. 

Critical race theory is the belief that economic prosperity results from racial oppression, not individual wealth creation. This means CRT's supporters are fundamentally opposed to individual human rights. 

The terrorist attacks of 9/11 were possible thanks to an immense military and intelligence failure on the part of the United States government. Why think these people "keep us safe"?

As long as Big Pharma wants it, and if there's a profit to be made, apparently our government will be there to provide lots of taxpayer funding. Actual healthcare is apparently a secondary concern. 

Biden's vaccine mandates are yet another dangerous frontier in using a perceived or real crisis to justify an immense expansion in state power and control over the population. 

Economic fundamentals are weaker today than when the Great Recession began. And the Fed has less room to maneuver. This suggests the next crisis will be even bigger than the last one. 

The West's rush to embrace the Chinese regime's bizarre lockdown method of disease control exposed just how little Western regimes actually care about human rights or the rule of law.