Mises Wire

How Not to Desocialize: Argentina Edition

Economic FreedomPoliticsSocialismWorld History

Blog1 hour ago

While Argentina president-elect Javier Milei plans to privatize state-owned enterprises, there is a right way and a wrong way to privatize these entities. Murray Rothbard and Hans-Hermann Hoppe show the way.

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Review of: Deception: The Great Covid Cover-up

Big GovernmentLawThe Police StateU.S. History

Blog12/02/2023

While those that foisted the covid lockdowns and restrictions on the public are asking for “forgiveness,” Rand Paul is asking for the truth. Phil Duffy reviews Paul's book documenting governing elites' lies and cover-ups.

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Ezra Klein's Progressivism Cannot Build Anything Socially Useful

LiberalismProgressivismSocialismU.S. Economy

Blog12/02/2023

Ezra Klein of the New York Times despairs of government's impotence in building vast projects from energy grids to high-speed rail. He believes granting government absolute power is the answer.

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Can Milei Really Shut Down Argentina's Central Bank?

Money and Banks

Blog12/02/2023

Argentina was a rich country made poor by socialism. It needs to abandon socialism to become rich again.

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What Would Mises Think? Austria Is Applying (Some) Austrian Economics

Bureaucracy and RegulationWorld HistoryAustrian Economics OverviewPhilosophy and Methodology

Blog12/01/2023

While Austria is not the free-market republic Ludwig von Mises hoped it would be, the country has made many steps in the right direction, freeing markets and protecting private property.

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The Unknown Reasoner

War and Foreign PolicyOther Schools of ThoughtPhilosophy and MethodologyPolitical Theory

Blog12/01/2023

Do governments make “rational” decisions involving interaction with other governments? As David Gordon points out, rationality involves individual decision-making, not collective action.

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The Immorality of Protectionism

Taxes and Spending

Blog12/01/2023

Protectionists are no better than any run-of-the-mill Progressive who wants more taxes on one group in order to subsidize some other group. There's no moral high ground here for the protectionists, just unfounded self-righteousness.

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It’s Time to Bust the Myth of Fed Omnipotence

Booms and BustsThe FedMoney and BanksU.S. Economy

Blog12/01/2023

One of the biggest and most pervasive myths in modern-day economics is the myth of the omnipotence of the Federal Reserve.

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