Mises Wire

The Green New Deal Plus Modern Monetary Theory = Socialism

Bureaucracy and RegulationMoney and BanksTaxes and Spending

Blog03/05/2019

MMT boils down to government using its monopoly over money to dictate and control production, obliterate free markets, suppress private enterprise, and impoverish the people.

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The Ethics of Capitalism

From the ArchivesLegal SystemPhilosophy and Methodology

Blog02/14/2019

There is no justification for any lawful entrepreneur to feel any sense of guilt in appropriating the results of his or her creative activity.

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The Folly of Minimum Wage Laws

Blog02/14/2019

Wishing people had higher wages doesn't change the fact that it's impossible to make people richer by merely passing a law. Workers can only sustainably be paid more if they produce more. Fortunately, markets offer an answer to this problem.

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Trump's Sanctions Meet His Trade War

Protectionism and Free TradeTaxes and Spending

Blog12/25/2018

Tariffs and economic sanctions infringe on the fundamental, God-given right of people to trade with whomever they want.

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The Many Ways Governments Create Monopolies

Monopoly and Competition

Blog12/01/2018

Most major sectors in the US economy have been distorted by government policies pushing monopolies and limiting competition.

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The Libertarian Quest for a Grand Historical Narrative

Media and CultureWorld HistoryPhilosophy and Methodology

Blog11/05/2018

Steven Pinker’s attempt to rescue the Whig theory of history and demonstrate that we live in the best of all worlds turns out to be an utter failure.

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Trump Is Playing Political Games with Ethanol

Bureaucracy and RegulationTaxes and Spending

Blog11/05/2018

Clearly, the proposal for increased usage of E15 is a government subsidy to corn growers and the ethanol industry.

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Trump’s Space Force

Taxes and SpendingWar and Foreign Policy

Blog10/08/2018

Trump has proposed the "Space Force" as a brand new and costly military branch and bureaucracy. The reaction to his plan helps illustrate the complexity of military politics in Washington.

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