Mises Wire

A Tale of Two "Deflationary" Booms — The Gilded Age vs. Today

Money and BanksMoney and Banking

Blog08/18/2017
Today's easy-money-fueled economic "boom" doesn't compare well to booms of the past.

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How Welfare States Make Us Less Civilized

Labor and WagesPovertyValue and Exchange

Blog08/17/2017
The market’s informal, spontaneous cooperation for mutual benefit has been replaced by a statist mindset.

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Why Some Pharmaceuticals Are So Expensive

HealthTaxes and Spending

Blog08/13/2017
Before we can make health care affordable, we must confront why a previously affordable commodity has become unaffordable.

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A Flat Tax Is Not More "Efficient" Than a Tax System with Loopholes

Taxes and SpendingValue and Exchange

Blog08/10/2017
If we want taxpayers to be more efficient, we should be giving them more tax loopholes. Closing loopholes has the opposite effect.

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The Fed Gave Wall Street a Bomb, and the Taxpayers are Paying Ransom

The FedMoney and BanksMoney and Banking

08/02/2017FedWatch
How do you stop the taxpayer subsidy to Wall Street while avoiding lighting the fuse to Bernanke’s inflation bomb?

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China: A Keynesian Monster

Cronyism and CorporatismGlobal EconomyMoney and BanksMoney and Banking

Blog07/31/2017
The the Chinese economy is a Keynesian jobs project of outrageous scale.

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The Never-Ending Woes of a Government "Enterprise"

Bureaucracy and RegulationTaxes and Spending

Blog07/21/2017
Ignoring the historic failures of government enterprises, mainstream opinion still recoils in horror at the idea of private-sector mass transit.

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Obama's AWOL Anti-War Protest

Blog07/21/2017
Why did so many Bush-era anti-war activists abandon the cause after Obama took office?

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Can Japan End its Easy-Money Addiction?

Financial MarketsMoney and BanksMoney and Banking

07/16/2017FedWatch
Shinzo Abe's party has recently suffered some stunning electoral defeats. But that doesn't mean "Abenomics" and its easy-money policies are over.

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Five Takeaways from the House's Yellen Hearing

The Fed

07/12/2017FedWatch
What you need to know from Janet Yellen's testimony before the House Financial Services Committee.

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