Mises Wire

Free Trade, Not Foreign Aid, Will Reduce the Incentive to Flee Central America

07/11/2019Power & Market

The benefits of free trade with the Northern Triangle countries of central America would be both economic and socio-political — by reducing poverty and driving fewer to emigrate.

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Ignore the Fear Mongering, Here's What Climate Change Models Actually Say

Big GovernmentThe Environment

Blog07/10/2019

The most alarming of the projections of climate change damages rely on naïve assumptions about human adaptability.

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US Immigration Enforcement: Guilty Until Proven Innocent

ImmigrationLegal System

Blog07/10/2019

"Here's the problem. If you give government a job to do, even one that seems justified in the abstract, it will use its power to make a terrible mess in practice."

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Steve Patterson Challenges Rothbardians: Economic Theory is More Empirical Than You Think

Other Schools of Thought

07/10/2019Audio/Video
Steve Patterson challenges the standard Misesian-Rothbardian view of economics.
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Keynesian Fake News in the Wall Street Journal

07/09/2019Power & Market
Given the repeated failures of Keynesian economic policy, both in America and around the world, you would think the theory would be discredited. Apparently financial journalists aren’t very familiar with real-world evidence. Read More

How Much of a Problem Is Hate Crime?

Legal SystemU.S. History

Blog07/09/2019

The vast majority of recorded hate crimes fall into a number of activities that normally fall under misdemeanor or even civil categories. The real and far-more-common threat continues to be regular ol' ordinary violent crime.

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What Mises and Hayek Thought About Fractional Reserve Banking

Blog07/05/2019

When we understand how Mises thought (in principle) newly mined gold could conceivably set in motion the boom-bust cycle, it becomes crystal clear that he thought any amount of newly-issued fiduciary media — i.e., a credit expansion — would do the same.

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The American Revolution Was a Free-Trade Revolution

Protectionism and Free TradeU.S. History

Blog07/04/2019

The British complained of unfair competition from goods supplied by the American colonists. So the state intervened to manage trade and make it "fair." But the American revolutionaries saw protectionism for the scam it was, and still is.

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