Mises Wire

Wine, Art, and Ferraris: The Bubble in Luxury Goods

Booms and BustsBusiness Cycles

Blog05/24/2017
Our inflationary economy is sending the prices of luxury goods soaring — while prices on products for regular people are often flat.
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The States Are Revolting Against the War on Drugs

HealthLegal System

Blog05/15/2017
The Vermont state legislature has voted to legalize recreational marijuana use. This is a first, since other states have relied on statewide votes.
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Labor Economics: An Austrian Perspective

InterventionismProduction TheoryValue and Exchange

05/08/2017Courses
This free four-lecture course outlines the Austrian understanding of labor as a factor of production priced in the factor markets.
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The Myth of the Rule of Law

World HistoryPolitical Theory

Blog05/07/2017
As a myth, the concept of the rule of law is both powerful and dangerous. Its power derives from its great emotive appeal.
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Frédéric Bastiat Is Right (Again)

Free MarketsGlobal EconomyTaxes and Spending

Blog04/14/2017
Tariffs never benefit a nation. They do, however, often increase government revenue at the expense of everyone else.
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How Trump Will Make the Trade Deficit Worse

Free MarketsU.S. Economy

Blog04/12/2017
Several of President Trump’s proposals, such as increasing military spending, will make the trade deficits even bigger.
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1917: How Woodrow Wilson Finally Got His War

Blog04/07/2017
On April 6 — a hundred years ago — the United States declared war on Germany.
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Trump's Economics

Taxes and SpendingPolitical Theory

Blog04/05/2017
Trump seems to be stuck in the 1980s when it comes to his obsession with sticking it to our "competitors" in Asia.
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