Mises Wire

The Cultural Consequences of the Federal Reserve

From the ArchivesMedia and CultureMoney and BanksMoney and Banking

Blog06/01/2017
Our inflation and debt-based system encourages our society to adopt a short-term perspective.

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Capitalism Is About Working Less to Earn More

Labor and WagesCapital and Interest Theory

Blog05/31/2017
If working is the price we pay to obtain things we want, then economic progress means decreasing this price thanks to continued productivity growth.

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Why Do Half-Measures Work for Markets, But Not for Socialism?

Global EconomyPoverty

Blog05/31/2017
Socialists tell us that socialism won't work unless it's total and pure. Fortunately, even partial and halfway pro-market reforms work quite well.

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How 1989's Invasion of Panama Set the Stage for 25 Years of Endless War

War and Foreign PolicyPolitical Theory

Blog05/31/2017
Manuel Noriega, who died this week, was a central figure in what would become a well-worn post Cold-War American habit of invading small countries.

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Robert Shiller Is Shilling for the State

Booms and BustsBusiness Cycles

Blog05/30/2017
For economist Robert Shiller, housing bubbles result from too little government regulation.

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How Long Can the Fed Keep the Boom Going?

Booms and BustsMoney and BanksMoney and Banking

Blog05/30/2017
Given current bond and stock market valuations, investors seem to be fairly confident that the Fed will succeed in keeping the boom going.

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Arizona's Government Has Adopted New Pro-Gold Reforms

Gold Standard

Blog05/30/2017
Arizona will no longer impose taxes on capital gains from gold and silver. It's for now a small thing, but an important one.

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Are We Fighting Terrorism, Or Creating More Terrorism?

War and Foreign PolicyPolitical Theory

Blog05/30/2017
The G7's new "crackdown" on terrorism really means more surveillance of innocent civilians, less free speech, and many more bombs dropped overseas.

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Changes in the Money Supply Don't Cause Business Cycles

Money and BanksMoney and Banking

Blog05/30/2017
Business cycles do not result from mere fluctuations in the money supply. What is needed is that the changes occur with money made "out of thin air."

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We Don't Need to Create Jobs — We Need to Create Value

Labor and WagesPovertyValue and Exchange

Blog05/29/2017
Wages spring directly from, and are proportional to, the degree in which a job creates wealth by helping to satisfy an unmet need.

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