Mises Wire

Healthcare: Government — Not Technology — Is Driving Prices Up

HealthTaxes and SpendingPolitical Theory

Blog02/15/2017
Technology by itself isn't what's making health care so expensive. A more likely cause is government intervention through welfare and regulation.

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That Troublesome 2009 Budget

Taxes and SpendingPolitical Theory

Blog02/15/2017
The 2009 fiscal year was a big year for huge increases in federal spending. Unfortunately, it was a bipartisan effort.

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Free Markets at Home Are the Solution to Companies Moving Abroad

Free MarketsGlobal EconomyPolitical Theory

Blog02/14/2017
Free trade can help economies overcome many obstacles to wealth. Unfortunately, governments are often the ones who create those obstacles.

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Say's Law: The Antidote to Countless Economic Fallacies

Philosophy and MethodologyValue and Exchange

Blog02/14/2017
Say's Law essentially tells us that we produce in order to consume. Once we start thinking we can consume before we produce, we get into trouble.

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Yellen To Congress: We'll do Something Someday

The FedU.S. Economy

02/14/2017FedWatch
Janet Yellen testified before Congress and was as bland and predictable as ever: still uncertain, still has no clue what to do.

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The "New Normal" of Ultra-Low Interest Rates

Money and BanksMonetary TheoryMoney and Banking

Blog02/14/2017
After nine years of unwarranted and irrational monetary policy, some people are taking the current monetary regime as normal and natural.

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The Goal of Socialists Is Socialism — Not Prosperity

Taxes and SpendingPolitical Theory

Blog02/13/2017
Some claim that if socialists understood economics they wouldn't be socialists. This is doubtful since the larger motivation is often political control.

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Who Will Be Blamed if the Oroville Dam Fails?

Taxes and SpendingPolitical Theory

Blog02/13/2017
California politicos lied about the cost of the failing Oroville dam, then failed to maintain it properly. But, government will likely escape all blame.

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"Real Wealth" vs. the Boom-Bust Cycle

Money and BanksMoney and Banking

Blog02/13/2017
In a boom-bust economy, there is real wealth, and there is bubble wealth. Economic busts are a "cleansing mechanism" that clears out the bubble wealth.

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Showdown: Yellen and Trump

The FedMoney and Banks

02/13/2017FedWatch
There is bubbling tension between the Trump vision and the Bernanke-Yellen monetary regime.

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