Mises Wire

Economic Knowledge Is Qualitative, Not Quantitative

Austrian Economics OverviewOther Schools of Thought

Blog02/23/2022

Mainstream academic economists believe that we advance economics by "testing" theories. Austrian economists believe economics is about understanding human action and does not have to be subjected to constant tests.

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European Government Expansion Did Not Expand the Job Markets

Big GovernmentBureaucracy and RegulationCapitalismCronyism and CorporatismEconomic FreedomSocialismEntrepreneurship

Blog02/15/2022

Massive "fiscal stimulus" programs by European governments failed to reduce unemployment. The latest buzzword from the Continent is the "entrepreneurial state," based upon the delusion that government spending and regulation are responsible for wealth creation by private entrepreneurs.

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Elections Now Decide Who Can Operate Your Car

Bureaucracy and Regulation

Blog02/09/2022

With the approval of Biden's infrastructure bill, it now turns out the US government is even in control of a "kill switch" that could disable your car if you are deemed "impaired."

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Equality and Fairness for All but Property Owners

U.S. History

Blog01/07/2022

Since discrimination in any form is not aggression, force, coercion, violence, or threat, it should never be considered a crime.

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Ending Fiat Money Won't Destroy the State

Money and Banks

Blog01/06/2022

When we ask ourselves the question, “Can states survive without fiat currency?” the answer is clearly yes.

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Equality and Envy

Socialism

Blog12/03/2021

There are many reasons why activists and intellectuals oppose inequality. Envy is one of them.

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Elizabeth Warren Is So Very Wrong about Inflation

Money and BanksU.S. Economy

Blog12/02/2021

Elizabeth Warren has pronounced her verdict on higher food and gasoline prices: they are nothing less than the result of corporate greed. In fact, there is no inflation, only corporations arbitrarily raising prices.

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Economic Progress Requires Long-Term Thinking

Bureaucracy and Regulation

Blog11/05/2021

Economics is not simply a series of transactions with hidden implications. Rather sound economics understands that long-term effects outlive the short-term effects of every economic principle or policy.

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