Mises Wire

Why Ignoring Time-Preference is the Fundamental Mistake of Central Bankers

Money and BanksCapital and Interest TheoryMoney and Banking

Blog06/12/2019

Ignoring time preference is the fundamental error behind monetary planning. It is why in a successful economy, monetary intervention by the state is kept to a bare minimum, or preferably banished altogether.

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What Universities Won't Teach College Students About the Economics of Climate Change

Big GovernmentEducationThe Environment

Blog06/10/2019

The rhetorical framing of "climate change" is far removed from the underlying research. And the real-world costs of "doing something" are rarely considered.

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World War II: A Reading List

War and Foreign Policy

Blog06/05/2019

These books and authors offer a more realistic view of the moral problems with the American state's conduct in "the good war," World War II.

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What Social Contract? Parents of Parkland School Victims Suing Do-Nothing Sheriff's Department

Legal SystemU.S. History

Blog06/04/2019

In addition to having no obligation to intervene to protect the public, government law-enforcement agencies are protected by many layers of formal immunity which allow them to both abuse their power and neglect their duties without any significant repercussions to themselves or to budgets.

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Why Gun Ownership Rates Tell Us Little About Homicide Trends in America

Legal SystemU.S. History

Blog06/04/2019

Homicide trends in America are driven by deeply entrenched historical and cultural factors that extend far beyond the prevalence of gun ownership.

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Want More Investment and Entrepreneurship? Protect Private Property

The EntrepreneurGlobal Economy

Blog06/03/2019

Africa has plenty of hard workers and plenty of natural resources. But private property is not secure there, which means few are willing to invest their capital there.

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Why Economics Needs Philosophy

Austrian Economics OverviewPhilosophy and Methodology

05/31/2019The Austrian
People criticized economics and said “well, there’s something wrong with Austrian economics because it doesn’t depend on verifying things empirically,” Mises wanted to come up with a reply to that, so that was what really got him into philosophy.
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Will China Reverse Its Trade Surplus with the United States?

Global EconomyProtectionism and Free Trade

Blog05/30/2019

Even if Trump and Xi both desire to reduce America's trade deficit with China, it's unlikely it will shrink in the short term.

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