Mises Wire

The End of Monetary Hedonism

The FedU.S. Economy

Blog1 hour ago

What happens to a society when spending is encouraged and saving is for chumps? Its signals become mixed up.

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Empty Malls and Shopping Centers: How Government Fuels Malinvestments

Booms and BustsCorporate WelfareCronyism and CorporatismInterventionism

Blog3 hours ago

The empty shopping mall: a story of how government actions created a huge malinvestment in western Pennsylvania.

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Fighting Inflation Really Means Fighting the Federal Reserve

The FedInflation

Blog8 hours ago

These days, the Fed and Chairman Jerome Powell are claiming the title of "inflation fighters." The more appropriate moniker should be "inflationists."

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How Fast Should the Money Supply Grow?

InflationMonetary PolicyMonetary Theory

Blog01/30/2023

As Murray Rothbard wrote, inflation is not an increase in prices. It is, instead, an increase in the supply of money in circulation. The distinction is important.

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How Should a Nation Determine Its Heroes?

PoliticsWorld History

Blog01/30/2023

How do societies determine who their heroes are? We know that often those seen as heroes actually made a country worse off.

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Do Correlations Help Define Money?

The FedMoney and BanksGold StandardMonetary Theory

Blog01/28/2023

Monetary authorities have come up with numerous clever ways of measuring money. However, they are unable even to define money, much less measure it.

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Concentrate Where the Murders Are Concentrated

Media and CultureProgressivism

Blog01/28/2023

Progressives like to claim that "America" has a "gun violence problem." However, the "gun violence problem" happens to exist in places where progressives dominate the government.

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In Defense of Covid "Price Gouging"

The FedInflationMonetary Policy

Blog01/27/2023

When consumer prices shot up after the massive monetary injections undertaken to counteract the job-killing Covid lockdowns, the political classes called it "price gouging." Indeed, when government inflates, we need all the price gouging we can get.

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