Mises Wire

Why Marx Loved Central Banks

Money and BanksMoney and Banking

Blog02/08/2019

One of the easiest ways of asserting control over the private sector is to manage the money supply with a central bank. Naturally, Marx was rather fond of the idea.

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What Real Social Justice Looks Like

Blog02/08/2019

Handing control over people's lives to politicians does not somehow make an economic system any more fair or equitable. All it does is make the exercise of power more arbitrary.

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Why the Left Isn't Convinced by Your Economics Arguments

InterventionismPolitical Theory

Blog02/07/2019

Many people on the left regard economics as neither a science nor a principled field of study. For them, economics is just a pseudo-science invented as corporate propaganda, and people who push "free-market economics" do so because they are either evil or brainwashed by corporate masters.

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Why Grover Cleveland Is Mostly Forgotten Today

Blog02/06/2019

Cleveland was a staunch critic of government subsidies and crony privileges. He saw no constitutional justification for welfare and famously stated: “Though the people support the government, the government should not support the people.”

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Why Austrian Economics Is More Reality-Based than the Neoclassical Approach

Austrian Economics OverviewHistory of the Austrian School of EconomicsPhilosophy and Methodology

Blog02/02/2019

A sober look at the assumptions underlying neoclassical analysis reveals that they are either not realistic or not applicable in economic analyses of the real world.

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What Shutdown? Federal Spending per Day Is Down Only 7 Percent

Taxes and Spending

Blog01/25/2019

Spending $12 billion per day is not a shutdown. Spending 7% less than you spent last year is not a shutdown.

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When Science Isn't Science

Philosophy and Methodology

Blog01/24/2019

Many modern scientists simply follow in the footsteps of Jacques Cousteau who once opined that “world population must be stabilized and to do that we must eliminate 350,000 people per day.”

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Will Policy Makers Turn a Global Economic Slowdown Into a Crisis?

Financial MarketsGlobal EconomyMoney and Banks

Blog01/24/2019

It is easy to blame weakening global markets on Trump, but it would be dangerous to believe that's the real cause of the slowdown.

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