Mises Wire

Rothbard’s Refutation of the Quantity Theory of Money

Blog11/05/2020

Rothbard provides three main reasons why  Irving Fisher’s equation of exchange—which underlies the monetarist quantity theory of money—is useless. 

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Ron Paul: Wisdom from a Master

Booms and BustsStrategyU.S. History

America today confronts an unprecedented crisis. Our economy is collapsing, and the fake coronavirus “epidemic,” with its draconian restrictions, is destroying our liberty. What can we do?

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Rand Paul Is Right about the Nazis and Socialism

SocialismWorld History

Blog10/16/2020

Mises in 1944: "The German and the Russian systems of socialism have in common the fact that the government has full control of the means of production."

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Rising Homicides This Year May Be Yet Another Side Effect of Covid Lockdowns

Blog09/30/2020

Homicides were flat through 2019. Then spring 2020 arrived, and with it a wave of homicides in many American cities. Could the social and economic effects of lockdowns be the cause?

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Ron Paul Remains Unstoppable

Blog09/29/2020

In a very real sense Dr. Paul is the only Misesian ever to serve in Congress. 

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Rent Control Is Bad for Renters, but Good for Politicians

Free MarketsPrice Controls

Blog09/26/2020

Rent control in Ontario has restricted the supply of housing while lowering the quality of available units.

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Riots Only Help Fuel Urban Impoverishment

Blog09/18/2020

Riots (unlike peaceful protests) are economically disastrous for inner cities. They also tend to create blowback against the people the riots claim to be defending.

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Risk and Uncertainty

Calculation and KnowledgePhilosophy and Methodology

Blog09/11/2020

The distinction between risk and uncertainty is a key tenet of the Austrian school. Mainstream neoclassicists reject it.

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