Spooks are great investors!

03/03/2004 Mises Wire Stephen Carson

Today's story on the CIA investing in start-ups in USA Today is frustrating. The worshipful tone of the article betrays no hint of the regular failure of gov't directed investing in the market, any knowledge of the problems with socialist calculation, any concern for the technology market being directed by gov't spies... Did the 20th century happen or did I just imagine it?

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Freedom of Contract and Property Rights

04/27/2024 Mises Wire Wanjiru Njoya

The classical liberal defense of contractual freedom is derived from the principle of individual autonomy. Freedom of contract entails the right to enter into or exit from contracts at will. As...

Economic Education Has Become Economic Disinformation

04/27/2024 Mises Wire Per Bylund

Modern economics is in terrible shape. But economics education appears to be worse still. This becomes clear when discussing basic economics with those who have taken courses in the field. Rather than...

What’s Wrong With Biden’s Housing Tax Credit?

04/27/2024 Power & Market Laurence M. Vance

In his state of the union address, President Biden expressed his desire for a $400 a month tax credit over two years for first time home buyers. I have argued for years that tax credits are a good...

Central Banks Are Wrong about Rate Cuts

04/27/2024 Mises Wire Daniel Lacalle

When we talk about monetary policy, people do not understand the importance of interest rates reflecting the reality of inflation and risk. Interest rates are the price of risk and manipulating them...

Help Us Publish These Three New Books

04/26/2024 Mises Wire Mises Institute

Please consider helping us publish these three new books: The World at War, Full Reserve Banking vs. Real Bills Doctrine, and Austrian Business Cycle Theory: an Introduction. Everyone giving $500 or...

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Common False Dichotomies

11/11/2009 Mises Wire Stephen Carson

Bob Murphy has unwittingly made a great contribution in his article today to a short list of common false dichotomies in the area of political economy: The first thing to realize is that people do not...

Shocking News: People Take Free Money!

07/30/2009 Mises Wire Stephen Carson

After barely a week in full-tilt operation the "Cash for Clunkers" program has been suspended. As recently taken apart in a Mises Daily, this program is a particularly absurd example of the broken...

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