Mises Wire

Socialism, Minority Groups, and Personal Liberties

Media and CultureProgressivismProperty RightsSocialism


People from socially and economically marginized groups in the USA tend to support socialism. Yet socialists have a long and bloody history of suppressing these very groups.

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Shedding Light on the Law of Unintended Consequences

Bureaucracy and RegulationU.S. EconomyInterventionism


It is the right of the consumer, not the regime, to determine what lighting sources work best for them.

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Should Local Municipalities Default on Their Debts? Seems Like a Good Idea

AntipoliticsBureaucracy and RegulationTaxes and SpendingU.S. Economy


While most free market advocates are fixated on the national debt, they also should be looking at municipal debt over which taxpayers have no say. Maybe default is the answer.

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SVB’s Failure Is Not an Excuse for More Regulation

Bureaucracy and RegulationInflationMoney and Banks


While Elizabeth Warren and others are waving the bloody shirt for more bank regulation, the problem is that bank regulations themselves are creating financial instability.

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Statism Is Destroying Real Wages

Money and Banks


If even in the years when the mainstream said that there was “no inflation,” we all saw costs rise well above real wage growth, imagine what is happening now.

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Socialism Isn't about Creating Economies. It Is about Amassing Political Power

PoliticsSocialismCalculation and Knowledge


Most socialists are not misguided about how to have a prosperous economy, for that is not their goal.

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Silicon Valley Bank and the Failure of Fractional Reserve Banking

Booms and BustsMoney and BanksMoney and Banking


The story of the failure of Silicon Valley Bank is the story of nearly every bank failure. Fractional reserve banking invites the risky behavior that brings down the banking system.

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Slavery in the Americas: Separating Fact from Fiction

U.S. HistoryWorld History


There is no denying the awful history of slavery in the Western Hemisphere. However, to better understand its legacy, we must rely on truth, not myths.

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