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The Upside-Down World of MMT

Other Schools of Thought

9 hours agoMises Daily Articles
Modern Monetary Theory (MMT) is a hip economic/financial paradigm apparently sweeping a world unsatisfied with mainstream economics.
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The Interwar Years: Ludwig von Mises as Economic Adviser

World HistoryHistory of the Austrian School of Economics

Blog3 hours ago

As a government economist for Austria following WWI, Mises fought a losing battle against reckless policies of inflation and government spending.

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Why Taiwan Grew Rich While the Mainland Starved

Global EconomyWorld History

Blog6 hours ago

Although hardly "free-market" in any doctrinaire way, the relatively free economy of Taiwan delivered immense growth in standards of living while many Chinese on the mainland starved.

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The Battle of the Ironclads, Part 4: Building the Monitor

U.S. HistoryWar and Foreign Policy

8 hours agoAudio/Video
Chris Calton details the incredible process of constructing the technological marvel The Monitor.
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The "Green New Deal" Debunked (Part 2 of 2)

The EnvironmentTaxes and SpendingU.S. Economy

Blog11 hours ago

The "Green New Deal" is aptly named, in the sense that the original New Deal was a massive boondoggle that restricted liberty and crippled the economy.

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58. The Rise and Fall of the American Medical School

Health

01/22/2019Audio/Video
Dr. Milton Packer traces the history of the American medical school from its humble beginnings to its present day turmoils.
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On Being an Economist

EducationPhilosophy and Methodology

Blog01/22/2019

The economist’s lot is to study a field in which, almost more than any other, human folly displays itself. 

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The Euro Shows That a Fiat Money System Is More Expensive than We Thought

Blog01/22/2019

A traditional argument for unbacked fiat money was based on the idea it was less-costly to produce fiat money than gold or silver. This cost savings could then enrich society overall. But recent data suggests this isn't true.

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