Mises Wire

The Alleged Absence of Depressions under Totalitarianism

Business CyclesHistory of the Austrian School of EconomicsMonetary TheoryOther Schools of Thought

06/21/2019Mises Daily Articles
Where there is no business at all, business can be neither good nor bad. There may be starvation, and famine, but no depression in the sense in which this term is used in dealing with the problems of a market economy.
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The Supreme Court's Dubious "Wall of Separation" between Church and State

Legal SystemU.S. History

Blog06/21/2019

How old should a monument be to avoid Establishment Clause challenges? Not that old, given the Supreme Court invented the "wall of separation" argument in only 1947.

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The Zombie (Company) Apocalypse Is Here

Booms and BustsBusiness Cycles

Blog06/21/2019

The world now has the impossible choice of permanently reduced productivity and slower economic growth — or the mass bankruptcy of a significant percentage of the economy.

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Is Mexico Richer after NAFTA?

06/21/2019Power & Market

There is a clear correlation between expansions in international trade and reductions in poverty. The Mexican experience appears to be no different.

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The Fed's Endless Boom-Bust Cycle

Money and Banks

Blog06/21/2019

While many attempt to look to "de-regulation" or tax cuts to explain economic cycles, it makes more sense to zero-in on the role of central banks. 

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The Velocity of Circulation

Financial MarketsHistory of the Austrian School of EconomicsMonetary Theory

06/20/2019Mises Daily Articles
Increased velocity of circulation is not, in itself, a contributing cause of higher commodity prices. It is not even a link in the chain of causation.
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4 New Reasons to Fear a Universal Basic Income

PovertyTaxes and Spending

Blog06/20/2019

Beyond the usual arguments about incentives and taxes, a Universal Basic Income is a dangerous policy that supercharges the state and threatens to heighten tensions between different groups in society.

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How to Assemble a Winning Combination of Resources — Steven Phelan

The EntrepreneurEntrepreneurship

06/20/2019Audio/Video
Hunter Hastings and Professor Steven Phelan discuss using resource-based strategic thinking to create marketplace advantage.
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