Mises Wire

A Tribute to Prof. George Ayittey, One of Africa’s Greatest Economists

Free MarketsSocialism

Blog04/30/2022

The passing of Professor George Ayittey stills a powerful voice for free markets in Africa.

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Are Equal Pay Arguments Based upon the Labor Theory of Value?

Free MarketsLabor and WagesPraxeologyValue and Exchange

Blog04/19/2022

Arguments for equal pay are popular in our body politic, but what happens if some of those arguments are based upon the faulty logic of the labor theory of value?

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After More Than a Month of Fighting, Where Do Things Stand in the Russia-Ukraine War?

War and Foreign Policy

Blog04/07/2022

While the battlefield results are mixed, much of the action in the Russia-Ukraine war is happening beyond the warring countries.

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And Now for a Really Bad Response to Political Calamity: Autarky

Economic PolicyProtectionism and Free Trade

Blog04/06/2022

The world is in chaos, so politicians MUST do something. Hence, they demand autarky, which is like attempting to put out a fire by pouring gasoline on it.

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A Review of Nik Bhatia’s Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies

BitcoinThe FedMoney and BanksMonetary Theory

Blog03/28/2022

Nik Bhatia presents a counterintuitive view of how money operates in our current banking system and takes a glimpse into our monetary future.

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A Harder Line with Beijing? Let’s Hope Not.

War and Foreign Policy

Blog03/25/2022

Beijing only ever really wanted Moscow around as a way to balance against Washington. But with the US being seen to overtly seek to punish Beijing, this will now only move it closer to Moscow.

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A Brief History of Pundits Encouraging Nuclear War

War and Foreign Policy

Blog03/24/2022

Today's advocates of escalation in Ukraine are embracing an updated version of "Better dead than Red." They think themselves fit to decide for countless millions what's worth dying in a nuclear holocaust for.

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A Manufactured World Crisis

War and Foreign Policy

We don't have a duty to evaluate every foreign quarrel and assess who is at fault. We do not have a duty to require leaders of regimes we don’t like to accept existing boundaries of countries as unchangeable.

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