Mises Wire

The Central Banks Lift House Prices and Rents, But Not Everywhere

Central banks have been at the center of the world's rapidly inflating housing prices.

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The Trillion-Dollar Military Still Isn't Enough for the War Party

Blog09/10/2019

A prudent strategy would be to demand an end to the US policy of using its enormous military to constantly threaten, invade, and coerce foreign nations. Fortunately, a military like that is unlikely to cost a trillion dollars per year.

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The National Debt Is Now More than Ten Times Annual Tax Receipts

09/06/2019Power & Market

If we compare the federal government's debt load to its income (i.e., tax receipts) the debt load is bigger than its ever been.

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The "Public Goods" Excuse for Big Government

Blog09/05/2019

We can't just assume "public goods" like national defense benefit everyone. They come with real costs, and all the "services" that fall under the category of national defense are certainly not of equal use or benefit.

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The 100-Year Bond is Unethical

Money and BanksU.S. Economy

Blog08/31/2019

100-year bonds push government debt onto future taxpayers who haven't even been born yet. And they also show the government has no intention of actually paying its debts.

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Tom Woods Probes the Origin Story of Bob Murphy

Biographies

08/26/2019Audio/Video
Bob Murphy explains how he got into Austrian economics and libertarianism.
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The Hidden Costs Behind Every Government Program

Blog08/24/2019

Governments love to point to stuff they built with your tax dollars. But they never point to all the destroyed wealth and lost opportunities that result from those same programs and policies. 

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The Left Argues Slavery Was an Economic Blessing. Here's Why They Are Wrong.

Labor and WagesU.S. HistoryWorld History

Blog08/20/2019

Slavery was a monstrously unfair and immoral institution. It was also inefficient, compared to a system based on free labor.

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