Mises Wire

Turning to Keynes in this Crisis Will Only Make Things Worse

Booms and BustsMonetary PolicyProduction Theory

Blog3 hours ago

If policymakers finally let a real economic "correction" and recession happen, it means the economy will finally turn toward doing what the consumers actually want.

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Too Much Centralization Is Turning Everything into a Political Crisis

Decentralization and SecessionMedia and CultureStrategy

Blog8 hours ago

The task ahead is to demonstrate that whatever the sacrifices required to achieve more localized decision-making might be, centralization is too dangerous to continue.

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Alexander Hamilton: Centralist and Nationalist

Big GovernmentU.S. History

Blog09/18/2020

If you like high taxes, crony capitalism, central banking, and a central authority that can regulate everything you do, thank Alexander Hamilton.

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Willmoore Kendall on Mill and Free Speech

Philosophy and Methodology

Blog09/18/2020

Kendall, a leading twentieth-century conservative, admired Rousseau and thought it was a good thing that Rousseau's "general will" of the people suppresses freedom of opinion.

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If the Election Produces No Clear Winner, the Military Is Definitely Not the Answer

Blog09/18/2020

The disputed election of 1876 could have led to another civil war. Fortunately, civilian institutions intervened to create a compromise, and the military was kept out of it.

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Riots Only Help Fuel Urban Impoverishment

Blog09/18/2020

Riots (unlike peaceful protests) are economically disastrous for inner cities. They also tend to create blowback against the people the riots claim to be defending.

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The Fed Is Planning Another Ultralong Period of Ultralow Rates

Blog09/17/2020

The Fed plans to keep interest rates near zero, while monetizing debt, financing zombie companies, and pouring new dollars into the market. But that may not be enough.

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Inflation as a Tool of the Radical Left

InflationMonetary PolicySocialism

Blog09/17/2020

It becomes clear that ramping up inflation is a tool for those who wish to overthrow the existing economic and social order—to get rid of what little is left of the free market system.

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