Mises Wire

Rule by Experts?

Media and Culture

Blog09/10/2017
"Constructivist rationalism," the belief that scientific and technical elites can organize, from the top down, all human activities and organizations.

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Stanley Fischer’s Well-Timed Fed Exit

Money and BanksMoney and Banking

09/08/2017FedWatch
We're now living in the “Fischerian age of monetary policy,” which may prove, in its final stages, to be volatile indeed.

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Scott Horton on the Endless War in Afghanistan

U.S. HistoryWar and Foreign PolicyWorld History

09/08/2017Audio/Video
Jeff Deist and Scott Horton discuss the foreign policy mindset that keeps the Afghanistan conflict churning.

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Will Low Unemployment Cause Accelerating Inflation?

Money and BanksBusiness CyclesMoney and Banking

Blog09/08/2017
In an unhampered market, there is no reason why low levels of unemployment should lead to an inflationary spiral.

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Slow Wage Growth Could Be Thanks to ‘Sticky Wages’

Labor and WagesU.S. HistoryPrices

Blog09/07/2017
Wages can be "sticky" even in the absence of government. But the biggest problems with wage rigidity are often the result of government intervention.

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Why the War Party Loves to Call Foreign Leaders Insane

U.S. HistoryWar and Foreign Policy

Blog09/07/2017
Why employ caution or think about the costs of war when we can wave everything aside with a "they're crazy!" claim, and proceed to pre-emptive war.

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Trump's Historic Opportunity with the Federal Reserve

The FedU.S. Economy

09/07/2017FedWatch
Trump can have the largest impact on the Fed since 1936. The question is whether he listen to his Goldman Guys, or return to his Fed-skeptic roots?

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The Progressive Era Still Haunts Us Today

U.S. HistoryWar and Foreign Policy

09/06/2017The Austrian
A new book by Murray Rothbard on the the Progressive Era examines the period's role in shaping today's politics.

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Stanley Fischer Is Out at the Fed

The FedMoney and BanksMoney and Banking

09/06/2017FedWatch
Many claimed that Fischer was an inflation hawk, but he was really a cheerleader for quadrupling of the Fed’s balance sheet and more.

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Bank of Canada Raises Interest Rates … Again

Money and BanksMoney and Banking

09/06/2017FedWatch
For the second time in less than two months, the Bank of Canada has raised interest rates.

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