Mises Wire

Unions and Protectionism, Not Free Trade, Doomed the Rust Belt

Bureaucracy and RegulationLabor and WagesProtectionism and Free Trade

Blog9 hours ago

In the second half of the twentieth century, pro-union and anti-trade policies led to a Rust Belt that became uncompetitive, costly, and unable to cope with reality. More protectionism won't save the region now.

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Stimulus Brings Stagnation: The Case of Japan

Blog10/17/2019

Japan's "lost decade" turned into three decades as the scourge of non-stop monetary and fiscal stimulus brought seemingly endless economic stagnantion.

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The Pre-Marriage Blood Test In America Is Now Gone

This year, Montana became the last state to completely abolish Progressive-Era blood tests as a requirement for a marriage license.

10/17/2019Power & Market
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Jeff Snider Explains the Repo Market Flare-Up, the Fed’s Phony Solution, and the Global Dollar Problem

The FedFinancial Markets

10/17/2019Audio/Video
Bob Murphy and Jeff Snider discuss the recent spike in lending rates in the repo markets, and how the Fed’s attempted solution fails to address the real problem.
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Not All Indian Reservations Are Alike

The geographical isolation of a reservation, and the tribal commitment to investment in a casino, energy extraction, and other enterprises can have a sizable impact on the incomes of reservation residents.

10/16/2019Power & Market
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What We Can Learn from Indian Tribes on Immigration

Decentralization and SecessionU.S. History

Blog10/15/2019

If we grant that Indian tribes ought to be able to restrict membership (i.e., naturalization) for their own groups, on what principle can this be denied to other groups?

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Is Protectionism Patriotic?

Blog10/14/2019

Conservatives tell us that we must move beyond the idea of allowing people to trade freely in the marketplace. "Patriotism" is the true measure of economic policy, and that requires higher taxes, more government spending, and a powerful state.

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The Ghosts of Failed Banks Have Returned

Financial MarketsGlobal Economy

Blog10/12/2019

A new banking crisis is not only in the making, for which the repo problem serves as an early warning, but it could escalate quite rapidly.

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