Mises Wire

The Founding Fathers' Coup d'État

Blog08/08/2020

It is quite certain that dissatisfaction with the old Articles was not general, for when the new order was implemented in 1789, it was effected with great difficulty and only through methods both unscrupulous and dishonourable.

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Swamponomics: Trump's Fed Pick, a Kodak Moment, and GDP Misinformation

Cronyism and CorporatismThe FedFinancial Markets

Blog08/08/2020

Kodak's newly announced $765 million loan is just another case of DC picking winners and losers.

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The Covid Crisis Has Helped Make the Blueprint for a European Superstate

Big GovernmentCentral BanksTaxes and Spending

Blog08/08/2020

The “cure” to the current crisis that is forced upon all Europeans now is not just worse than the disease; it is the disease.

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Howard Buffett on Conscription and American Militarism

U.S. HistoryWar and Foreign Policy

"If [the draft bill] is passed, the House will be shoving down the throats of the American people the despotic concept of 'Theirs not to reason why; Theirs but to do and die.'"

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Hayekian Coercion

Philosophy and Methodology

Blog08/07/2020

The political theorist Douglas W. Rae argues that to get the advantages of Hayekian freedom, everybody should be guaranteed a minimum amount of resources so that they can fully participate in the market.

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The Origins of the Dollar's Value

Blog08/07/2020

 The value of a paper dollar originates from its historical link to commodity money—which happens to be gold—and not government decree or social convention.

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Why the US Economy Is Stronger Than the Eurozone's

U.S. Economy

Blog08/06/2020

Debt and recession in the United States are big problems. But in both cases, metrics show a better situation in the US than in the eurozone.

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