Mises Wire

Mises Explains the Santa Claus Principle

Taxes and SpendingInterventionism

Blog12/21/2020

An essential point in the social philosophy of interventionism is the existence of an inexhaustible fund which can be squeezed forever.

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The American Revolution Was a Culture War

Media and CultureU.S. History

Blog12/21/2020

The Boston Tea Party was an opening act in what came to be a violent culture war and war of national liberation. And it helps us understand how America in 2020 could become as bitterly divided as America during the revolution. 

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New Perspectives on the Evils of War

Book ReviewsWar and Foreign Policy

Blog12/21/2020

MacMillan's book provides many insights into the true vileness of war, although she strays into some dangerous areas when she accepts the faulty economic notion that wars bring economic benefits through government spending. 

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Red and Blue States: It's Time for a Multistate Solution

Decentralization and SecessionDemocracyMajority Rule

Blog12/21/2020

Joe Biden says: "I will work as hard for those who didn't vote for me as those who did." Does anyone actually believe that?

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Markets Aren't about "Using" People. Markets Help People Attain Their Goals.

CapitalismFree Markets

Blog12/19/2020

Claims that market arrangements involve the unethical “using” of others are of lengthy pedigree. But they are also of questionable merit.

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Quantitative Methods in Economics Can Describe—but Not Explain—Events

Philosophy and MethodologyPraxeology

Blog12/19/2020

Human action cannot be analyzed in the same way that one would analyze objects. These quantitative methods do not improve our knowledge of the driving causes in economics.

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Mises's Vision for Value-Free Economics

Philosophy and MethodologyPraxeology

Blog12/18/2020

If you say to someone that he won’t get what he is aiming for by using the means he has chosen, you aren’t making a value judgment yourself. You are making a strictly scientific statement. 

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25 Years Later: What the Euro Has Become

Money and BanksWorld History

Blog12/18/2020

The euro is moving further away from the original German idea of the common currency. Instead, the euro has become the tool of southern Europe, which seeks inflation to keep the gravy train going. 

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