Mises Wire

Equality Is Good—Believe It or Else

ProgressivismPovertyPhilosophy and Methodology

Blog4 hours ago

Ultimately, the case for equality doesn’t amount to more than “You must believe in equality—because you must!”

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Why Savings Are So Critical to Improving the Standard of Living

CapitalismProduction Theory

Blog9 hours ago

In order to produce capital goods, and hence more consumer goods, we must first forego current consumption. That is, we must save now to have more later.

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Money Supply Growth in May Again Surges to an All-Time High

Money Supply

Blog07/09/2020

During May 2020, year-over-year (YOY) growth in the money supply was at 29.80 percent. That's up from April's rate of 21.3 percent, and up from May 2019's rate of 2.15 percent.

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Why the EU Keeps Fighting Brexit

Decentralization and SecessionProtectionism and Free TradeWorld History

Blog07/09/2020

EU membership is a sort of bait-and-switch for states that were sold on membership as an opportunity to join a free trade bloc and a chance to participate in a more cooperative Europe.

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How the Left Uses "Public Health Crises" to Get What It Wants

Blog07/09/2020

"Public health crisis" is essentially a left-wing stock phrase at this point, as is reflected by the fact that the solutions proffered to the social ills in question are virtually always some sort of government regulation or income redistribution scheme.

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How Central Banks Destroy Money's Purchasing Power

Central BanksInflation

Blog07/09/2020

Without a monopolist central bank, market forces would restrain the issuance of bank notes. But once central banks monopolize money creation, wealth is systematically transferred to the central bank and the privileged few who are favored by the state.

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The "Old" vs. the "New" Liberalism

Blog07/08/2020

The enemies of the system of free enterprise paid liberalism an unintended compliment when they applied the name "liberal" to their own creed, historically the opposite of what liberalism stood for from the start.

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Stocks Always Go Up. Until They Don't.

Blog07/08/2020

When confidence is extreme, there's no scrutiny. There's always a "this time it's different" mindset, the belief that anything is possible.

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