Mises Wire

Austrians vs the Mainstream: on Taxes

Taxes and SpendingOther Schools of ThoughtPhilosophy and Methodology

Perhaps it is time for mainstream economists to reevaluate their methodology on taxes.

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Gun Rights Don't Come from the Second Amendment

Legal SystemU.S. History


Even without the Bill of Rights, the federal government has no legitimate authority to control what people read or what people own, including books and guns. 

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Trump's First Big Economic Mistake


A tariff is a tax on imports. That tax is paid by every American who buys the now-more-expensive product. 

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How the Pentagon Devours the Budget

War and Foreign Policy


In explaining the flood of funding headed toward weapons contractors, one defense analyst noted that “diplomacy is out; air strikes are in."

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Carl Menger vs. Gustav Schmoller and the Socialists of the Chair

History of the Austrian School of EconomicsOther Schools of Thought


The debate on method between Menger and Schmoller was useful for the clarification of the differences between theoretical and applied economic research.

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What Free-Banking Advocates Get Wrong

Legal SystemMoney and BanksMoney and Banking

Free-banking systems may make bank runs less frequent, but do they prevent credit expansion, artificial booms, and economic recessions?

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We Need Bastiat's The Law More than Ever

World HistoryPhilosophy and Methodology

The solution to the problem of human relationships is freedom, and it thrives most when the role of government is limited.

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Bastiat the Great

BiographiesHistory of the Austrian School of EconomicsPolitical Theory

02/17/2018Mises Daily Articles
We could use more Bastiats today, writes Henry Hazlitt. We are, in fact, in desperate need of them.

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America: a Military Nation

U.S. HistoryWar and Foreign Policy

There's a reason why, after 8 years as commander-in-chief, Obama never closed the Guantanamo prison as he promised.

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Gustave de Molinari and The Anti-statist Liberal Tradition, Part 3

InterventionismMonetary TheoryPolitical Theory

02/14/2018The Journal of Libertarian Studies
Molinari believed that if the market were given a chance to operate free from the restrictions of the state, it would satisfy all means voluntarily.


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