Mises Wire

The Fed Rate Cut Shows the Fed Is Either Clueless or Lying. Or Both.

Money and BanksMoney and Banking

Blog08/01/2019

With its latest rate cut, the Fed is either caving to pressure from the Trump administration, or the Fed is admitting the economy is weaker than stated. Or the Fed simply doesn't know what's going on.

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How Qualified Immunity Became Absolute Immunity for Police Officers

Legal System

Blog08/01/2019

Qualified immunity is the clearest example that the rule of law is dead (or, perhaps, never existed); government officials live by one set of rules, and the rest of us live by another.

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"Regulating" Boom and Bust

Blog08/01/2019

There is no reason to believe the next 30 years will be any different. Banks will create booms, the little banks will be allowed to fail, while the large banks are bailed out.

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The Cultural Background of Ludwig von Mises

BiographiesWar and Foreign PolicyWorld HistoryHistory of the Austrian School of Economics

07/31/2019Essays in Political Economy
Writing about the cultural background of Ludwig von Mises, an eminent former compatriot of mine, poses some difficulties: how to present you with a world radically different from yours, a world far away, which in many ways no longer exists.
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The United States Is Not a Nation: The Problem with "National Conservatism"

Decentralization and SecessionU.S. History

Blog07/31/2019

The United States is not a nation. From the very beginning it was more of a collection of various nations united by ideas of political unity and by fairly high levels of tolerance for other groups within that union. The US certainly contains nations, but it was never a single nation.

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True Budget Hawks Are Foreign Policy Doves

07/31/2019Power & Market

In adopting a noninterventionist foreign policy which is crucial to restoring constitutional government, it is impossible to be both a budget hawk and a war hawk.

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Powell Is Giving Trump His Rate Cut, Here is Why It's a Mistake

The FedMoney and BanksU.S. EconomyMoney and Banking

Blog07/31/2019

With the economy growing at 2.1%, unemployment at 3.6%, creating 170,000 jobs per month, and estimated underlying core inflation of 2%, no objective data justifies cutting rates that are already artificially low.

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Courage Is Contagious

StrategyU.S. History

Blog07/31/2019

Justin Raimondo said things that were painful to hear. He said things that needed saying. He encouraged me. He encouraged friends of mine. He encouraged colleagues of mine.

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