Mises Wire

An "Open Mind" Is of No Use When It's Open to Lies

Philosophy

Blog1 hour ago

Countless Americans have been repeatedly told to “follow the science,” supposedly to prove they are not obstinately closed-minded. But the main purpose of it all was just to open people’s minds to what government bureaucrats wanted. 

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A Brief History of Secession Referenda in Europe

World History

Blog06/12/2021

Over the past 200 years, Europeans have held many elections to decide secession questions. In some cases, these votes were used in the creation of an entirely new sovereign state. 

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A Libertarian Approach to Disputed Land Titles

Property Rights

Blog06/03/2021

Rothbard gives us the rough foundation of justice, but only common law juries—temporalized and local—can fill in the gaps.

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America Still Loves the Warfare State

War and Foreign Policy

Blog05/29/2021

The difficulty Trump encountered in trying to even slightly scale back American military schemes shows just how far Americans are from abandoning the idea that the United States is the indispensable nation entitled to fight wars always and everywhere. 

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An Autoethnographic Account of the Free Market: My Father

Free MarketsU.S. History

Blog05/08/2021

Autoethnographies place the self within a social, historical context. In this one, Michael Rectenwald approaches the free market from the standpoint of his own experience.

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An American Classical Liberalism

Liberalism

Today's conflicts revolve around the desire to grab hold of someone else's property using the tool of compulsion that is the state. Would we be more peaceful and prosperous if it followed the liberal program? The question answers itself.

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An Austrian Critique of Robert Mundell's "Impossible Trinity"

Protectionism and Free TradeMonetary TheoryOther Schools of Thought

Blog04/27/2021

The impossibility theorem, developed by Nobel-winning economist Robert Mundell, paints a false tradeoff between the free movement of capital, fixed exchange rates, and effective monetary policy. Under a gold standard, all three are a possibility.

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Are Monarchies Better for Economic Growth? Here's What the Empirical Evidence Says.

World History

Blog04/23/2021

The evidence suggests that monarchies—especially small ones—are more peaceful, stable, and protective of private property than their republican neighbors. 

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