Mises Wire

How a Marxist of Twenty-Five Years Became a Misesian Libertarian



In the fall of 2016, I was a left communist. As any Marxist can tell you, ideology can blind one to the insights that might disrupt one’s political adhesions. Only it was Marxist ideology itself that blinded me.

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How Fiat Money Changes Culture

Money and Banks


The creation and enforcement of fiat money enables larger and more centralized government. Large government programs become possible that were not possible or sustainable under a market-chosen, sound money standard. 

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How the Federalists Stacked the Deck to Win Ratification

U.S. History


The Federalists employed all the tricks: from delaying the postal delivery of Antifederalists' pamphlets to waging a propaganda war in the press. The Federalists also did their best to limit suffrage only to groups likely to vote for ratification.  

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How Defamation Suits Are Used to Stifle Free Speech

U.S. History


There is no place in a free society for a government that sues private citizens for defamation. But even between private parties, defamation suits are often used by the powerful to silence others.

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How Marriage Patterns May Have Helped Fuel Europe's Rise to Wealth

World History


Many factors help explain the rise of the West, including both decentralization and the embrace of laissez-faire. But Europe's unusual pattern of family formation is also a likely and important factor. 

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How Facebook Turned Its Market Success into a Culture War on America

U.S. History


Corporate America—from Facebook to Google to Major League Baseball—got rich by giving the consumers what they want. Now these big firms will use their riches to crush their ideological enemies. That's life in a "mixed economy." 

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How the Constitutional Convention Vastly Expanded the Powers of the President

U.S. History


After centralizing political power in the presidency to a level unfathomable to most Americans, the nationalists had succeeded, and the new Constitution was ready to be sprung upon an unsuspecting country. 

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How Families Fuel Economic Development

Labor and Wages


Stable families offer better conditions for specialization and economies of scale. This in turn fuels both social and economic development. 

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