November 2021

The Federal Reserve concluded its November Meeting of the Federal Open Market Committee on Wednesday. According to the FOMC’s statement, the Fed now plans to taper beginning in mid-November by cutting back its asset purchases by 10 billion in Treasury securities

"Alienation," to Marx, bears no relation to the fashionable prattle of late-20th-century Marxoid intellectuals. It did not mean a psychological feeling, of anxiety or estrangement, which could somehow be blamed on capitalism, or on cultural or sexual "repression." Alienation, for

President Biden’s proposal to require roughly 700 U.S. billionaires to pay taxes annually on unrealized capital gains has garnered wide support by Democrats as another step to make the rich pay for the uncontrolled spending by the federal government.  House

Government healthcare is centrally planned healthcare. Innovations in the decentralized "digitalization" of medicine could finally move medicine back in the direction of markets. Original Article: "Digitalization Could Move Medical Care beyond 'Government Healthcare'" This Audio Mises Wire is generously sponsored by Christopher

Rigged! How the Media, Big Tech, and the Democrats Seized Our Electionsby Mollie HemingwayRegnery Publishing, 2021, 432 pp. Mollie Hemingway, an editor of the online magazine The Federalist, calls our attention in this well-researched book to a problem of vital significance.

"Let's Go Brandon!" scored an early win in Virginia, and hurt Democrats in New Jersey. Suburban voters seem to hate Critical Race Theory in schools more than they disliked Donald Trump, even as the corporate press dismissed it as a

Advocates for vaccine mandates—led by the Biden Administration—are apparently unconcerned that the mandates are likely to drive down total employment and reduce access to government services. In many cases these are the same services that mandate-pushing politicians have always insisted are utterly

Thanks to central banks' easy money policies, historically low interest rates and a desperate search for yield have created new danger zones for investors trying to stay out of trouble. Original Article: "Thanks to Central Banks, the Old Investment Rules Don't

Most commentators label increases in the prices of goods and services over a period of time as inflation. Ludwig von Mises however, held that the popular definition of inflation is erroneous. He wrote in Economic Freedom and Interventionism (p. 99), Inflation,

Step 1: claim that only government can solve the problem of "externalities." Step 2: claim that externalities are everywhere. Step 3: send in bureaucrats to solve every "problem" caused by externalities. Original Article: "Why Interventionist Economists Love to Talk about Externalities" This