Mises Wire

The Economic Recessions of the Late 1970s and Early 1990s

Booms and BustsFinancial MarketsU.S. History

Blog04/18/2019

The most characteristic feature of post-WWII business cycles is that they have originated in deliberately inflationary policies directed by central banks. 

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The Dangers of Government-Funded Artificial Intelligence

Blog03/30/2019

The risk of abusing human rights through AI technologies becomes greater the more AI research is funded or directed by government agencies.

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The Theory of Interest Rates

Capital and Interest Theory

03/28/2019Audio/Video
What are interest rates, where do they come from, and what purpose do they serve? Economist Jeffrey Herbener explains why Turgot, Böhm-Bawerk, and Mises got it right.
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This Way Toward Equality

Free MarketsMedia and CultureEntrepreneurshipInterventionism

03/26/2019Mises Daily Articles
Equalization of incomes can be accomplished only by moving down the road toward serfdom.
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The Place of Economic Calculation in the Economic Theory of Ludwig von Mises

SocialismCalculation and KnowledgeSubjectivism

03/20/2019Quarterly Journal of Austrian Economics
The marginalist revolution posed a fundamental problem for economic theory. Mises’s approach not only solved the problem of economizing resources in a division of labor, but provides a robust framework for economic research.
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The Green New Deal Plus Modern Monetary Theory = Socialism

Bureaucracy and RegulationMoney and BanksTaxes and Spending

Blog03/05/2019

MMT boils down to government using its monopoly over money to dictate and control production, obliterate free markets, suppress private enterprise, and impoverish the people.

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Trini Amador on Values as a Basis for Business Building and Brand Building

The EntrepreneurEntrepreneurship

02/26/2019Audio/Video
How can entrepreneurs diagnose and understand the idiosyncratic choices of different individuals, and take cognizance and advantage of these choices in business? Hunter Hastings interviews Trini Amador.
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The Birth of a Monster

The FedMoney and BanksMoney and Banking

02/16/2019Mises Daily Articles
As flaws in the system of fractional-reserve free banking began to appear, private central bank-like institutions known as clearinghouses sprang up, and they helped pave the way for the Fed.
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