Mises Wire

Greenspan Expects the US to Embrace Negative Interest Rates. Here's Why That Would be "Catastrophic."

The FedMoney and BanksCapital and Interest Theory

Blog6 hours ago

Central banks’ economic models predict deeper negative rates are necessary in the event that a significant recession materializes. This would be a disaster.

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Government Spending on Colleges in the US Is Higher than in the Countries with "Free" College

EducationTaxes and Spending

Blog04/25/2019

Government spending on higher education is higher in the US than in Switzerland, Germany, or France. But colleges remain expensive here because they focus more on non-educational perks and extras.

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Government Shutdown Shows Why We Need to Decentralize National Parks

Taxes and SpendingU.S. History

Blog01/03/2019

We're supposed to think it's perfectly normal that Washington DC bureaucrats decide whether or not you can use an outhouse toilet 2,500 miles from DC. Because it's in a "national" park.

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George Bush's Wars Set the Stage for 25 Years of Endless War

War and Foreign PolicyPolitical Theory

Blog12/05/2018

The late George H. W. Bush was instrumental in creating our world of endless war against foreign states that are no threat to the United States.

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Get Rid of Campaign Finance Laws — Decentralize to Make Campaigns Cheaper

Decentralization and SecessionTaxes and SpendingPolitical Theory

Blog11/01/2018

It costs more to run a campaign in a large jurisdiction than a small one. Making districts and states smaller would reduce the role of money in politics.

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Global Warming: The UN's Plan Ignores Real Costs of Implementation

The Environment

Blog10/17/2018

Even if we accept the mainstream narrative on the effects of climate change, the costs of implementing a global regulatory "mitigation" program are far higher than advocates admit.

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Good Ideas Are Key in the War Against Bad Ideas

History of the Austrian School of Economics

Blog10/05/2018

Bad ideas succeed in politics because those ideas were taught and pushed in educational and cultural institutions first.

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George Selgin Misunderstands Rothbard's Position on Fractional-Reserve Banking

Booms and BustsMoney and BanksMoney and Banking

Blog09/10/2018

Selgin thinks fractional reserve banking critics are akin to "flat-earthers", but he gets some important points wrong. 

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