Why Was Ancient China so Good at War, and so Bad at Commerce?

War and Foreign PolicyWorld HistoryEntrepreneurship

Blog52 min ago
By providing rewards for bureaucrats and punishments for merchants, many rulers destroyed interest in entrepreneurship and innovation outside the state.

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The Chinese Economy's Fatal Flaws

Bureaucracy and RegulationGlobal EconomyMoney and Banking

Blog10 hours ago
China faces problems of both an easy-money-induced bubble, and a corrupt regulatory regime.

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The Real Cause of America's Opioid Epidemic

HealthLegal SystemU.S. History

Blog08/20/2017
The real cause of this epidemic is various government policies and the real solution is the dismantling of those same policies, in perpetuum.

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The Levellers: The First Libertarians

Blog08/20/2017
The English Levellers transformed vague notions of natural law into the firmly individualistic concepts of natural rights for every human being.

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The Relationship Between Saving and Money

Blog08/18/2017

Conventional wisdom says that savings is the amount of money left after monetary income was used for consumer outlays. Hence, for a given consumer outlays an increase in money income implies more saving and thus more funding for investment. This in turn sets the platform for higher economic...

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Chris Calton: Historical Controversies

HealthU.S. History

08/18/2017Audio/Video
This weekend, we're excited to share the first episode of a new Mises Institute podcast with Chris Calton.

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People’s QE? It's Venezuela with Tea and Cakes

Money and Banking

Blog08/18/2017
Jeremy Corbyn's "People's QE" is just the Argentinian model and the Venezuelan model disguised in Anglo-Saxon terms.

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A Tale of Two "Deflationary" Booms — The Gilded Age vs. Today

Money and BanksMoney and Banking

Blog08/18/2017
Today's easy-money-fueled economic "boom" doesn't compare well to booms of the past.

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