Intellectual Property, Fire, and Other Dangerous Things
Whenever you are talking about IP to a group of libertarians, classical liberals, Austrians, and objectivists, you are always playing with fire. By Henrique…
The Economy May Be Finally Peaking, and the Fed Won’t Help Matters
Here we go again it may seem to many. The Fed is preparing us for a policy tightening just when a powerful growth cycle…
Friedrich von Hayek’s Nobel Prize Banquet speech
Friedrich August von Hayek’s speech at the Nobel Banquet, December 10, 1974 Your Majesty, Your Royal Highnesses, Ladies and Gentlemen, Now that the Nobel…
OPEC Can’t Make High Oil Prices Go Away
High oil prices are a symptom of economic and monetary imbalances, not just a consequence of Organization of the Petroleum Exporting Countries (OPEC) decisions. Throughout…
Will the Next “Skyscraper Curse” Be Found in the Digital World?
The vast majority of Mises Wire readers are already familiar with the Austrian business cycle theory. For those who are not, it is an Austrian perspective…
Thanks to Bailouts, Wall Street Banks Are More Fragile than Ever
The financial covid crash of 2020 came and went in a month as the US government threw every monetary and fiscal trick it had at…
Zero Hedge: Is Stagflation Here: Comparing The 2020s With The 1970s…
Now that the fear of stagflation is a growing concern on Wall Street as the latest BofA Fund Manager Survey showed… … as the inflation debate…
Three Things the Fed Must Do to Normalize Bond Markets
By late in the second decade of the twenty-first century, we could say that the long-term US interest rate market had been dysfunctional for…
The nature of China’s social credit system
China’s new economic guiding principle, the dual circulation strategy, encompasses several ambitious goals, among them boosting domestic consumption and taking the lead in key…
Mike Shedlock: Investors Rush to Buy Nearly 1 in 4 Homes
Investors are buying huge percentages of existing home sales. Corelogic reports Single-Family Investor Activity Surges in the Second Quarter. Large investors (those who retain 100…