Mises Wire

Can the Fed Keep This Long Cycle Going?

Money and BanksMoney and Banking

Blog05/16/2019

Jerome Powell has lost his faith in a new surge in economic growth. So, it's back to endless stimulus to keep the current cycle going.

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Losing Income Tax Privacy Is a Real Danger

Bureaucracy and Regulation

Blog05/16/2019

Tax bureaucrats are very useful in helping politicians abuse their power. Presidents have long used the IRS to harass and attack their political opponents.

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Fed Nominee Judy Shelton Wants Sound Money — and Lots of It

Money and BanksMoney and Banking

Blog05/16/2019

Judy Shelton may be a tolerable—at least to Republicans—candidate for Federal Reserve Board of Governors.

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Juan de Mariana on Creating Money Out of Thin Air

Blog05/15/2019

When governments resort to unbacked fiat currency, a many-layered swindle lies hidden behind the appearance of a quick fix.

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Why Plea Deals Are a Gross Miscarriage of Justice

Legal SystemThe Police State

05/15/2019Audio/Video
Bob Murphy explains why “offering a plea deal” is a horrible practice.
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French Incomes Place Below Some of America's Poorest States — And the Protesters Know It

Taxes and Spending

Blog05/15/2019

France has a lower income than 49 US states, which may shed some light on why protests continue all these weeks later.

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Central Banks’ Crusade Against Risk

Blog05/15/2019

Central banks are absolutely committed to low rates because higher interest rates would turn the boom into bust, and would collapse our production and employment structure now based on a system of ultra-low rates.

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The Fallacy of Identity Economics

05/15/2019Power & Market

The economist Alex Tabarrok recently criticized "identity economics" in a manner reminiscent of Murray Rothbard's criticism of Keynes.

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