Mises Wire

Democracy's Road to Tyranny

DemocracyPolitical Theory

The popular pastime of modern democracies of punishing the diligent and thrifty, while rewarding the lazy, improvident, and unthrifty, is cultivated via the State, fulfilling a demo-egalitarian program based on a demo-totalitarian ideology.

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As the Fed Powell Continues to Flail, Could an MMT Fed Chair Be Next?

The FedMoney and Banking

Blog11 hours ago

Could progressive pressure, mixed with escalating economic pressure, push White House decision-makers to replace Jay Powell with an advocate of MMT?

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Forced Vaccinations in France Bring Both Repression and Protest

World History

Blog07/22/2021

Macron says vaccines are not compulsory for the general public for now, but they are essentially required for anyone who wants to live a normal life. 

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Getting to Galt's Gulch: Everyday Secession

Decentralization and SecessionStrategy

Blog07/22/2021

For the libertarian, the way forward is not joining in left-right political boxing matches, but secession. The success of libertarianism is independence from the state’s influence.

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Portrait of an Evil Man: Karl Marx

World HistoryOther Schools of Thought

Destructive ideas almost unavoidably derive from a destructive and—in the case of Marxism—rather repulsive person.

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Why Are Thieves Stealing So Many Catalytic Converters?

Global EconomyU.S. Economy

Blog07/21/2021

US car owners are being preyed upon by thieves, because South African mine owners are being preyed upon by their government. 

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Canada's Wait Times for Healthcare Are Huge. Activists Blame Free Markets.

Health

Blog07/21/2021

Canada's "private" long-term care homes are anything but private. But the fact a small sliver of the marketplace is allowed to charge fees for services means activists want even more socialized medicine. 

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Consumer Expectations Don't Tell Us Much about the Real State of the Economy

U.S. Economy

Blog07/20/2021

In a free, unhampered market economy, individuals’ expectations are likely to correspond to the facts of reality. But we live in an economy where central banks routinely distort market signals and deceive the public. 

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