Mises Wire

Markets Aren't about "Using" People. Markets Help People Attain Their Goals.

CapitalismFree Markets

Blog12/19/2020

Claims that market arrangements involve the unethical “using” of others are of lengthy pedigree. But they are also of questionable merit.

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Quantitative Methods in Economics Can Describe—but Not Explain—Events

Philosophy and MethodologyPraxeology

Blog12/19/2020

Human action cannot be analyzed in the same way that one would analyze objects. These quantitative methods do not improve our knowledge of the driving causes in economics.

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Mises's Vision for Value-Free Economics

Philosophy and MethodologyPraxeology

Blog12/18/2020

If you say to someone that he won’t get what he is aiming for by using the means he has chosen, you aren’t making a value judgment yourself. You are making a strictly scientific statement. 

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25 Years Later: What the Euro Has Become

Money and BanksWorld History

Blog12/18/2020

The euro is moving further away from the original German idea of the common currency. Instead, the euro has become the tool of southern Europe, which seeks inflation to keep the gravy train going. 

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How Pope Francis Gets "the Common Good" Wrong

Big GovernmentHealthMedia and Culture

Blog12/17/2020

To Francis, the common good dictates we lock down the globe, jeopardizing the future of the young, the livelihood of the working class, and condemning countless kids to a life of mental distress. 

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Help the Institute Build a Brighter Future

Blog12/17/2020

Like never before, we are threatened by a terrifying axis of a left-controlled government and proudly progressive corporate power. To build a better future, we will have to build institutions grounded in merit and truth.

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How the State Spreads Mass Hysteria

Media and CulturePolitical Theory

Blog12/17/2020

Mass hysteria is possible in a free society, but there are self-correcting mechanisms and the harm such hysteria may inflict is limited by the enforcement of private property rights. 

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The US Money Supply Was up 37 Percent in November

Blog12/16/2020

During November 2020, year-over-year (YOY) growth in the money supply was at 37.08 percent. That's unchanged from October's rate, and up considerably from November 2019's rate of 5.9 percent. 

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