Mises Wire

We Are All Counterfeiters Now

The FedInflationKeynesMonetary Policy

Blog03/07/2023

Get beyond the PhDs running the Federal Reserve or the way people treat the Fed with deference. In the end, it is nothing but a legal counterfeiting ring.

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When Military Strategy Ignores Economics: The Sad Story of Rear Admiral Alfred Thayer Mahan

War and Foreign PolicyWorld History

Blog03/03/2023

Do military leaders really understand economics and, especially, do they understand the devastating effect war has on peaceful economies? Certainly, not enough of them understand economics.

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Why You Should Fear "Bipartisan" Agreements in Congress

Cronyism and CorporatismPoliticsStrategy

Blog02/20/2023

When we see real bipartisan action in Congress, it usually is for the worst.

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Why Madison and Hamilton Were Wrong about Republics

U.S. HistoryWorld History

Blog02/18/2023

The authors of the Federalist Papers claimed a strong central government was needed because republics are prone to "anarchy." The Dutch and Swiss examples show they were wrong. 

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Why Ron Paul Is Right

U.S. HistoryWorld History

How has Ron managed to be right so often? He is a brilliant expositor of basic Rothbardian principles about the free market and a noninterventionist foreign policy.

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Will AI Learn to Become a Better Entrepreneur than You?

The EntrepreneurEntrepreneurshipPraxeology

Blog02/16/2023

While artificial intelligence has its merits, it still cannot perform the job of the Misesian entrepreneur. That is a good thing.

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When the Private Sector Is the Enemy

U.S. History

Blog02/14/2023

Rest in peace, "technolibertarianism." There was a time when many believed tech entrepreneurs would usher in a new era of freedom. Unfortunately, the new tech elites are technocratic collaborators with the regime.

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Why the 1787 Constitution Did Not Bring Republican Government to America

U.S. History

Blog02/09/2023

It's a myth that the "Founding Fathers" made America a republic in 1787. It was the state governments and their constitutions that did this. But the top-down myth glorifying the central government endures. 

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