Mises Wire

Real Tax Rates in the 60s Were Much Lower than Ocasio-Cortez Thinks

Blog01/12/2019

Marginal tax rates in the 1950s and 1960s don't reflect how much wealthy taxpayers actually paid in taxes. They paid far less than Alexandria Ocasio-Cortez thinks.

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Rothbard Was Right

History of the Austrian School of EconomicsPhilosophy and Methodology

If you want to know what Rothbard’s vision applied to contemporary America would be like in practice, you should look to Ron Paul. Dr. Paul’s career in Congress, marked by his opposition to war and the Fed, is the best example of the anti-elitist free market values that Murray supported.

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Randomized Controlled Trials and Economic Questions

Blog12/27/2018

The Austrians have long argued that equilibrium models of economic phenomena cannot capture the causal, realistic aspect of human behavior. "All things are subject to the law of cause and effect," says Menger in the famous opening line of his Principles of Economics. Formal economic...

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Renew Your Membership and Receive a Copy of "Social Democracy"

Blog12/14/2018

This year, we’re giving away booklets of Hoppe’s essay “Social Democracy” to all our supporters who give $25 or more.

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Recent Brexit Trade Drama Shows that Europe Doesn't Really Want Free Trade

EU politicians seem far more concerned with political games than with trade liberalization.

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Rent Control and Minimum Wage Laws Harm Those Who Are Supposed to Benefit

Blog10/16/2018

Government policy often lumps together many people it shouldn't — assuming that everyone in the group labeled "poor" or "low-income" will all benefit equally. 

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Relative Prices Matter: Why Cost-of-Living Indexes Don't Tell Us Much

Value and Exchange

Blog09/26/2018

When people change cities, they are likely to change their consumption patterns — which means a simple cost-of-living index doesn't tell us what it should.

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