Mises Wire

The Feds Are Pushing Pension Funds toward "Socially Responsible Investing"

Financial Markets


Federal regulators are claiming "socially responsible investing" can be just as good as traditional investing in terms of gaining returns for retired workers. But if that's true there's no need for regulations pushing these investments at all.

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Why Postmodernism Is Incompatible with a Politics of Liberty

Philosophy and MethodologyPolitical Theory


Postmodernism lends itself to totalitarianism. Once beliefs aren't constrained by the object world, an idea can't be wrong, and the intellectual battleground becomes a political one, a struggle to impose certain ideas on all.

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The Economics and Ethics of Government Default, Part III

Financial MarketsTaxes and SpendingPolitical Theory

It's time to default on the national debt. It's the moral thing to do. We often speak of the problems with the effects of the debt. But the debt itself is an abuse and an imposition on taxpayers. 

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The Tyranny of the "Enlightened" Experts



Of course, scientists were never supposed to run our society. The technocrat class cannot possess all of the knowledge necessary to effectively run the lives of 330 million Americans. But that will not stop them from trying. 

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Big Debt Plus Rising Interest Rates = Big Danger

Money and Banking


"Because there's so much debt today relative to 10, 15 years ago, a small debt, a small move in yields, 50 basis points in yields today is equivalent to 2% 15 years ago."

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The "Mind Viruses" Creating Social Justice Warriors

Book Reviews


The mental viruses Saad has in mind are to a large extent those that deny that human beings have a biological nature: “Many idea pathogens share one common thread, a deep desire to liberate people from the shackles of reality.”

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Progressivism's Failures: From Minimum Wages to the Welfare State



The empirical evidence shows that neither minimum wages or welfare reduce poverty. In fact, minimum wages tend to increase the cost of living while poverty rates have gone nowhere since the Great Society was introduced.

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The Economic Effects of Pandemics: An Austrian Analysis

Booms and Busts


How do recurrent cycles of boom and recession compare to isolated crises caused by extraordinary phenomena? 

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