The Whole World Says We Are Idiots

11/05/2010 Mises Wire Jeffrey A. Tucker

“With all due respect, U.S. policy is clueless,” German Finance Minister Wolfgang Schaeuble told a conference. “(The problem) is not a shortage of liquidity. It’s not that the Americans haven’t pumped enough liquidity into the market, and now to say let’s pump more into the market is not going to solve their problems.”

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.

What Is The Mises Wire?

Mises Wire offers contemporary news and opinion through the lens of Austrian economics and libertarian political economy.

Submitting articles to Mises Wire

Reprints, Permissions and Copyrights

The views expressed on Mises Wire and mises.org are not necessarily those of the Mises Institute.

Subscribe to the Mises Wire

Latest Articles

A Walk on the Supply Side

11/16/2024 Mises Wire Murray N. Rothbard

[ Editor’s note: In this article, originally published in October 1984, Murray Rothbard critiques a problem with the economics of Republicans and conservatives. Namely, its proponents think they can...

Erasing Black Confederates

11/15/2024 Mises Wire Wanjiru Njoya

In 2019 The New York Times launched their 1619 project, which “aims to reframe the country’s history by placing the consequences of slavery and the contributions of black Americans at the very center...

Despite Its Oil Wealth, Nigeria Is an Economic Basket Case

11/16/2024 Mises Wire Don Olanrewaju

Americans are outraged. Gas prices have risen over 30 percent in four years, electricity has risen by over 30 percent in the last four years, and groceries have risen by over 20 percent. This is...

Price Inflation Accelerated in October Following the Fed’s Rate Cut

11/15/2024 Power & Market Ryan McMaken

According to the Bureau of Labor Statistics’ latest price inflation data, CPI inflation in October accelerated and month-to month increases in CPI inflation hit multi-month highs. The seasonally...

“NAFTA Fever” and the Myth of Government-Created Free Markets

11/15/2024 Mises Wire David Brady, Jr.

Left or right, the enemy is the free market. Every problem is the fault of the free market. On the left, the supposed radical deregulation of the 1980s paved the way for the financial crisis and the...

Meet the Writer

Jeffrey A. Tucker

Jeffrey A. Tucker is the founder of the Brownstone Institute and an independent editorial consultant.

Mark Twain’s Little Societies of Exchange

05/20/2021 Journal of Libertarian Studies Jeffrey A. Tucker

Samuel Clemens was an old-style liberal of the 19th century sort who believed in economic liberty and warned about the depredations of state power. The failure of many critics to understand the old...

Surrounded by the Achievements of Capitalism

10/08/2014 Jeffrey A. Tucker

Private property enabled all growth. Division of labor found employment for each man. Exchange is a win-win action. Risk taking tests ideas. Capital accumulation as production to make other things. The desire for a better life and the belief that it can happen.

Subscribe to our Mailing Lists

What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member