Mises Wire

Why So Many Americans Reject Legal Due Process in the Age of Covid

Property Rights

Blog08/27/2021

This new turn toward obedience to expert-fueled executive power didn’t appear from nowhere. Society has long been moving toward a model of society in which outcomes are more important than the protection of natural rights. 

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Where Prices Come From: Menger Explains

Value and Exchange

Blog08/24/2021

Because people strive to improve their condition, they exchange goods and, in this sense, they create the necessary conditions for the emergence of prices. Prices are simply an unintended consequence of the human quest to improve one's life.

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Why Rothbard Trended on Twitter This Weekend

Anti-PoliticsMonetary PolicyMoney and BanksMonetary TheoryMoney and Banking

Blog08/16/2021

On Friday, Twitter CEO Jack Dorsey tweeted a link to Rothbard's essay "Anatomy of the State."

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Welfare Payments and Foreign Policy Fears Are the Only Things Holding America Together

U.S. Economy

Blog08/11/2021

Fear of China and Iran, combined with the more practical desire for continued “free” money from the federal government, will continue to fuel opposition to any serious movement toward secession.

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We’re in the Middle of a Long War with the State

Decentralization and SecessionPolitical Theory

Blog07/30/2021

Often, when the “smash the state” position is invoked—especially among those less familiar with the state as an institution—further investigation often reveals a dangerous lack of precision about what exactly the state is.

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Why Friedman Was Wrong about Booms and Busts

Blog07/27/2021

Central banks are in a loop of repeatedly intervening to "fix" the problems caused by earlier central-bank interventions. The result will only  be recurring busts.

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Why Progressives Will Never Accept Market-Based Medical Care

Health

Blog07/27/2021

Even during their most bloody and repressive years, progressives praised Mao's China, Cuba, and the USSR, because they offered "free" healthcare. Progressives are simply uninterested in any argument in favor of private healthcare. 

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We Can Have Low Interest Rates Or Robust Growth. But Not Both.

Money and Banks

Blog07/24/2021

You can have strong growth, or you can have negative interest rates with low bond yields. You can't have all at the same time. 

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