Mises Wire

Capitalism Makes Us More Humane

U.S. HistoryWorld History

Blog09/18/2018

Why is it that starving Venezuelans are eating dogs while Americans are rescuing dogs from hurricanes?

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The Economists versus The Special Interests

Protectionism and Free TradePolitical TheoryValue and Exchange

Blog09/17/2018

In spite of claims they will benefit society overall, interventionist policies designed to benefit certain interest groups ultimately only help certain groups at the expense of everyone else.

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"Price Gouging" Sends Important Signals About Risk

PricesValue and Exchange

Blog09/14/2018

If local prices are sending the message that everything's perfectly normal, residents may be overly optimistic about the risks they face during natural disasters.

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Mercenaries: A "Privatized" Army Is Still an Army

Blog09/13/2018

An increasing reliance on military contractors has allowed US policymakers to keep more wars going while using fewer and fewer US troops in combat.

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The "Racist Premium" Is Just One Way the Market Punishes Racism

U.S. Economy

Blog09/12/2018

Racists are often willing to pay higher prices for the psychic profit of living in certain neighborhoods. J. Dallas Bowser was happy to take their money.

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Cop Amber Guyger Is One Reason We Need Private Gun Ownership

09/12/2018Power & Market

Police officer Amber Guyger accidently trespassed in a private home, and then shot the owner. Her defenders say it's complicated. Now just imagine if a private citizen had done what she did.

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Malinvestment, Not Overinvestment, Causes Booms

Booms and BustsThe FedInterventionismMonetary Theory

09/11/2018Mises Daily Articles
The characteristic mark of economic history under capitalism is unceasing economic progress, a steady increase in the quantity of capital goods available, and a continuous trend toward an improvement in the general standard of living.
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George Selgin Misunderstands Rothbard's Position on Fractional-Reserve Banking

Booms and BustsMoney and BanksMoney and Banking

Blog09/10/2018

Selgin thinks fractional reserve banking critics are akin to "flat-earthers", but he gets some important points wrong. 

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