Mises Wire

Questioning the Military Necessity of Dropping Atomic Bombs on Japanese Cities

U.S. HistoryWar and Foreign PolicyWorld History


Americans often have defended the atomic bombings of Hiroshima and Nagasaki as regrettable but necessary for ending World War II. The actual record tells us a much different story.

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Quantitative Methods Are Incomplete When Used for Economic Analysis

The EntrepreneurAustrian Economics OverviewEntrepreneurshipOther Schools of ThoughtPraxeology


Modern economics claims that quantitative methods are central to understanding economic analysis. Mises demonstrated why this belief is untrue.

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Quantitative Tightening Won’t Stop Price Inflation

Money and Banks


Bernanke’s initial moves to reverse QE were memorably beaten back by the so-called taper tantrum, so it's hard to see how the Fed will now proceed with aggressive QT.

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Quantitative Methods in Economics Can Describe—but Not Explain—Events

Philosophy and MethodologyPraxeology


Human action cannot be analyzed in the same way that one would analyze objects. These quantitative methods do not improve our knowledge of the driving causes in economics.

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QE by Any Other Name

The FedFinancial MarketsMoney and Banks


The Fed overestimated the robustness of the economy, underestimated the level of addiction of the markets to cheap money, and it was way too quick to proclaim a “full recovery” from the crisis.

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Quit Trying to Turn JFK into a Tax-Cutting Budget Hawk


It's true that JFK would feel at home in the modern GOP. But that's because the GOP has stopped even pretending to want significant cuts to government spending.

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QJAE 21, No. 1 Now Online


The new issue of the Quarterly Journal of Austrian Economics is now available online.

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