Mises Wire

A Brief History of Secession Referenda in Europe

World History


Over the past 200 years, Europeans have held many elections to decide secession questions. In some cases, these votes were used in the creation of an entirely new sovereign state. 

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A Libertarian Approach to Disputed Land Titles

Property Rights


Rothbard gives us the rough foundation of justice, but only common law juries—temporalized and local—can fill in the gaps.

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America Still Loves the Warfare State

War and Foreign Policy


The difficulty Trump encountered in trying to even slightly scale back American military schemes shows just how far Americans are from abandoning the idea that the United States is the indispensable nation entitled to fight wars always and everywhere. 

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An Autoethnographic Account of the Free Market: My Father

Free MarketsU.S. History


Autoethnographies place the self within a social, historical context. In this one, Michael Rectenwald approaches the free market from the standpoint of his own experience.

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An American Classical Liberalism


Today's conflicts revolve around the desire to grab hold of someone else's property using the tool of compulsion that is the state. Would we be more peaceful and prosperous if it followed the liberal program? The question answers itself.

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An Austrian Critique of Robert Mundell's "Impossible Trinity"

Protectionism and Free TradeMonetary TheoryOther Schools of Thought


The impossibility theorem, developed by Nobel-winning economist Robert Mundell, paints a false tradeoff between the free movement of capital, fixed exchange rates, and effective monetary policy. Under a gold standard, all three are a possibility.

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Are Monarchies Better for Economic Growth? Here's What the Empirical Evidence Says.

World History


The evidence suggests that monarchies—especially small ones—are more peaceful, stable, and protective of private property than their republican neighbors. 

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A Jobless Recovery Is Coming to Europe

Global Economy


The destruction of the free market, competition, and innovation may seem appealing to some now, but the likely outcome of poor employment, negative real wage growth, and stagnation should be a real cause of concern.

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