Mises Wire

Trump’s Space Force

Taxes and SpendingWar and Foreign Policy

Blog10/08/2018

Trump has proposed the "Space Force" as a brand new and costly military branch and bureaucracy. The reaction to his plan helps illustrate the complexity of military politics in Washington.

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Economic Thought in Ancient Greece

Global EconomyWorld HistoryEntrepreneurshipOther Schools of Thought

10/03/2018Mises Daily Articles
The principal characteristic shared by Socrates, Plato, and Aristotle — the three greatest philosophers of ancient Greece — was their inability to grasp the essential principles of the spontaneous market order and its dynamic process of social cooperation.
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Economics Everywhere, Politics Nowhere: The Benefits of Swiss Decentralization

Decentralization and SecessionSwiss WatchStrategy

Blog10/03/2018

Through free trade, decentralization, and a non-interventionist foreign policy, the Swiss created a high level of prosperity based on innovation and creative capitalism.

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Why No Crisis Erupts When Real Saving Backs Up New Investment

Money and BanksMoney and Banking

Blog09/24/2018

Expansions in credit and investment are only a problem when they result from inflationary monetary policy, and not from real saving.

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Richard Cantillon: An Introduction

Capital and Interest TheoryOther Schools of ThoughtPhilosophy and Methodology

09/22/2018The Journal of Libertarian Studies
Jevons called Cantillon's Essai the "Cradle of Political Economy." It was one of the few books quoted by Adam Smith and it deserves reading by any serious thinker of political economy today.
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The Living Reality of Military-Economic Fascism

War and Foreign PolicyOther Schools of ThoughtPhilosophy and Methodology

09/21/2018Mises Daily Articles
No organization has more money at its disposal than the US government, which attracts thieves and con men at least in full proportion to its control of wealth.
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Ready for Some Good News?

Global Economy

Blog09/20/2018

We're clearly better off than our grandparents in many ways. But now we have to be sure not destroy the progress that's been made.

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Credit Expansion Squanders Capital

Money and BanksMoney and Banking

Blog09/15/2018

As the credit expansion turns to bust, many capital goods remain unused, many investment processes cannot be completed, and capital goods produced are used in a manner not originally foreseen. A large portion of society’s scarce resources has been squandered.

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