Mises Wire

Electronic Music and the Market Test

BlogAugust 27, 2015

https://mises.org/blog/science-and-market-testAn interesting theme in a 2014 documentary on electronic music (recently added to Netflix instant place), I Dream of Wires, is the tension between two different philosophies of...

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Why the Recurring Economic Crises?

BlogAugust 27, 2015

A selection from Chapter 42 of Economic Controversies.

Why, then, does the business cycle recur? Why does the next boom-and-bust cycle always begin? To answer that, we have to understand the motivations of the banks...

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Prepper Checklist

We Are All Preppers Now

BlogAugust 25, 2015

Damian McBride is the former head of communications at the British treasury and former special adviser to Gordon Brown, erstwhile Prime Minister of the U.K. Yesterday he...

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Science

Science and the Market Test

BlogAugust 25, 2015

There's no Platonic laboratory where "pure" science happens independent of human ideas, motivations, and institutions.

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Ten Most-Read Mises Daily Articles for July

BlogAugust 24, 2015

I know, it's nearly September, but I forgot to post July's Top Ten Mises Daily articles, so here they are.

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Rothbard: Nine Myths About the Crash

BlogAugust 24, 2015

Following the Crash in 1987, many myths circulated about the nature, causes, and remedies for the crash at the time. Rothbard's debunking of many of these myths is still informative today.

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What Really Happens When 'a Bill Becomes Law'

BlogAugust 24, 2015

In civics and government books, “how a bill becomes law” shows multiple steps during which representatives consider bills before enactment. Unfortunately, such responsible deliberation, necessary to even a minimal prospect of legislation advancing the general welfare, is violated by...

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It May Be a Long Way Down

BlogAugust 24, 2015

Today's discomfiting 1,000 point drop in the DJIA may be the next in a series of shocks for worldwide equity markets. But given the growth in the Federal Reserve Bank's monetary base, US stocks may have a long way down left to go. 

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Jim Grant: 'We Have ... Artificial Prices Worldwide'

BlogAugust 24, 2015

In this interview, Jim Grant nicely sums in a few minutes the basic problem of using asset price inflation in pursuit of economic enterprise. The problem is this strategy puts the cart before the horse.

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