Mises Wire

The US Supreme Court Is Right to Rule In Favor of Tribal Sovereignty

Decentralization and SecessionU.S. History

Blog05/28/2019

In two recent cases, Neil Gorsuch joined the "liberal" wing of the Court to side with Indian tribes in enhancing tribal sovereignty. This is a good thing for limiting and decentralizing government power.

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The Risk of Trump's Trade War Is More Than Just Higher Prices

Booms and BustsGlobal EconomyProtectionism and Free Trade

Blog05/28/2019

It is the lethal combination of tariffs and the end of the expansionary phase of the credit cycle which should concern us.

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The Welfare State is Tearing Sweden Apart

Blog05/28/2019

The welfare state is a key ingredient in sowing social mistrust and discord among diverse groups in Sweden.

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The Lure of a Stable Price Level

U.S. HistoryBusiness CyclesPrices

05/27/2019Mises Daily Articles
The siren song of a stable price level had lured leading politicians and economists since as early as 1911.
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The Neo-Marxist Roots of Modern Monetary Theory

Blog05/27/2019

The thesis that “deficits don’t matter” does not begin with the English economist John Maynard Keynes, but with the much-less-known Polish economist Michal Kalecki.

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The Real Meaning of Deflation

Money and BanksMoney and Banking

Blog05/25/2019

Deflation is not a matter of animal spirits or consumer expectations. It is the result of earlier creation of money "out of thin air" by central banks and commerical banks. Deflation is the natural result.

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The World Is Growing Tired of Government-Controlled Fiat Currencies

Money and BanksGold StandardMoney and Banking

Blog05/23/2019

Central Banks and the fiat reserve dollar hegemony won’t cede their power to cryptocurrencies easily,  and they're now resorting to a return to precious metals to stave off the threat of individual monetary sovereignty, Bitcoin, and the digital revolution.  

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The Unseen Costs of "Medicare for All"

Health

Blog05/21/2019

Many of the worst costs that will come with "Medicare for All" won't be calculated in dollars. They'll come in the form of doctor shortages, long wait times, and less access to care.

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