Mises Wire

China’s Biggest Problem Isn’t Trump, It’s a Broken Banking System

Booms and BustsFinancial MarketsGlobal Economy

Blog08/06/2019

While much of the media remains focused on Trump and trade, the greatest threat to the Chinese economy may be reckoning with a massive financial bubble from within.

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The Myth of Political Inaction on Gun Control

Beyond the issue of guns itself, there is another basic fallacy whenever there is a discussion over political solutions to a particular problem — a narrow focus on federal action.

08/05/2019Power & Market
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The Fed's Dangerous Game: A Fourth Round of Stimulus in a Single Growth Cycle

Blog07/26/2019

At this point mal-investments and false market signals have been accumulating for many years. The effects can be seen not necessarily in a future "crash" but also in our current weak and declining levels of economic growth.

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Per Bylund on Entrepreneurial Strategy

The EntrepreneurStrategyEntrepreneurship

07/23/2019Audio/Video
Austrian Entrepreneurial Strategy is a lot different — and better — than traditional business school approaches.
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You May Be Biased — But That Doesn't Make You Wrong

Philosophy and Methodology

Blog07/19/2019
Yes, many researchers are biased. But as Mises noted: "Reference to a thinker's bias is no substitute for a refutation of his doctrines by tenable arguments."
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Farm Subsidies Are Corporate Welfare — And They Cost Us Plenty

Taxes and Spending

Blog07/11/2019

Farm subsidies encourage farmers to be inefficient and wasteful. Moreover, subsidies mostly benefit large farms and landowners, and not the "small family farms" we're told the subsidies protect.

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Social Pressure vs. Consumer Preferences

SubjectivismValue and Exchange

Blog07/08/2019

Anti-capitalists love to claim that consumers don't really have free choice — that advertisers and peers really dictate to others what they should buy. In truth, consumers choose freely, but use others to filter information and simplify the process.

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Price Controls Make Life Miserable for New Yorkers

Bureaucracy and RegulationU.S. History

Blog07/05/2019

After many decades of rent control and other regulations, New York politicians still can't seem to figure out why housing is so expensive.

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