Mises Wire

What Is Fascism? It's the System We've Been Living under for Decades.

U.S. HistoryWorld HistoryPolitical Theory

Fascism is the system of government that cartelizes the private sector, centrally plans the economy, exalts the police state, denies fundamental liberties to individuals, and makes the executive state the unlimited master of society.

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What Does "Freedom" Mean? There Are Many Different Answers.

Book ReviewsWorld HistoryPolitical Theory

Blog01/13/2021

"These days most people tend to equate freedom with the possession of inalienable individual rights, rights that demarcate a private sphere no government may infringe on. But has this always been the case?"

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When "Free Trade" Agreements Are a Polite Form of Protectionism

Protectionism and Free Trade

Blog01/12/2021

With the Caribbean trade bloc Caricom, we find an international "free" trade agreement being used by a Dominica-based company to demand more limits  on trade between Jamaica and a country outside the bloc. This isn't about free trade. 

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Why Mainstream Economic Forecasts Are So Often Wrong

Money and BankingPhilosophy and Methodology

Blog01/08/2021

Thanks to politics, confirmation bias, and bad monetary economics, central banks have a lousy record when it comes to economic forecasts. 

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Why Trump Voters Don't Trust the People Who Count the Votes

Political Theory

Blog01/06/2021

If the FBI and the Pentagon have already demonstrated their officials are willing to break and bend rules to obstruct Trump, why believe the administrative class when they insist elections are free and fair and all above board? 

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Walter Williams: An Unlikely Proponent of Secession

U.S. History

Blog01/05/2021

Now is not the time to pine for the days of agreeable politics. In recent decades, the US has gone through radical political and cultural transformations that are making the country progressively ungovernable. 

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Why the 2020s Won't Be like the Roaring 20s

World HistoryMoney and Banking

Blog01/04/2021

The 1920s featured political détente, debt liquidations by prior consumer price inflation, an introductory stalling of monetary inflation, a German economic miracle, and a broad-based technological revolution. The 2020s have none of these. 

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Why the Corporate Paradox of Thrift Isn't Really a Problem

Money and BanksMoney and Banking

Blog12/29/2020

Corporate cost cutting sets the stage for future gains in profitability and productivity, and there is no resulting "paradox of thrift" requiring easy money policies to "fix" the problem. 

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