Mises Wire

The Problem of Security: Historicity of the State and "European Realism"

Political Theory

All societies require some sort of coercion to maintain order. But "the state" is a very specific and modern type of government institution which claims it can engage in criminal types of coercion with impunity. 

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Review: Sohrab Ahmari's New Attack on Laissez-Faire Liberalism

World History

Blog07/13/2021

The Unbroken Thread is an interesting yet ultimately disappointing attack on liberalism. It is mostly a collection of many opinions, with very little in the way of facts or analysis. 

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The Fed Says It Stabilizes the Economy. I'm Skeptical.

U.S. History

Blog07/13/2021

The Fed says it "provides the nation with a safe, flexible and stable monetary and financial system." Can we all breathe easier now?

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Why Europe's Highly Regulated Power Market Is So Bad for Growth

Global Economy

Blog07/12/2021

In Europe, there is no competitive market for electrical power. And since power is an important factor of production, it also means the overall marketplace is wasteful, inefficient, and sluggish. 

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The British Government Pushed back "Freedom Day" with No Explanation

Bureaucracy and RegulationPolitical Theory

Blog07/12/2021

For many, the covid era has been like a rollercoaster. But as the world seems to near the end of the ride, governments don't seem in a hurry to roll back their restrictions.

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If the US Wants to Beat China, Why Is It Copying China's Socialism?

Global Economy

Blog07/12/2021

If the US wants to strengthen its economic and geostrategic position versus China, it needs to apply the same free market principles that made it prosperous and powerful in the first place. 

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Ratification: The Struggle For Massachusetts

U.S. History

Blog07/10/2021

Realizing that most voters in Massachusetts were against the new constitution, the Federalists concocted a variety of dirty tricks to ensure a Federalist victory. 

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Government Debt Is Starting to Look Almost as Sketchy as Payday Loans

Taxes and Spending

Blog07/10/2021

As government seek ever larger amounts of debt to finance more spending, they're embracing huge debt levels in the way a broke consumer might embrace payday loans. In the end, we're left with nothing but a flimsy promise to pay. 

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