Mises Wire

The Misplaced Fear of "Monopoly"

Free MarketsMonopoly and Competition

Blog3 hours ago

The political entrepreneur succeeds by using the implicit violence of government to cripple his competitors and harm consumers. The market entrepreneur, on the other hand, makes his fortune by providing consumers with products they need at prices they can afford.

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Why We Need Entrpreneurs and Market Prices for a Healthy Economy

SocialismPrices

Blog6 hours ago

We need both prices and entrepreneurs to have a functioning and prosperous marketplace. Under socialism, though, we have none of the above.

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Why Chicago's Mayor Blames Her City's Murders on Wisconsin and Indiana

Blog9 hours ago

Although it's easier to buy guns in Indiana and Wisconsin than in Chicago, homicide rates are lower in those states than in either Illinois or Chicago.

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Why I Write

StrategyPolitical Theory

Blog11 hours ago

After years of working as a DC journalist, Bovard found that "the more oppressive the government acted, the more slavish the press became."

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Albert Jay Nock, Radical

BiographiesU.S. History

Blog08/10/2020

Nock despised plutocratic conservatism, and rightly saw Herbert Hoover as the embodiment of this point of view. Above all, Albert Jay Nock hated militarism and intervention in foreign wars.

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Pennsylvania Is Playing Politics with Drug Rationing

HealthSocialism

Blog08/10/2020

Pennsylvania is telling hospitals to distribute covid-19 drugs based on race. Those from "disadvantaged communities" get the drugs first.

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Reflections on the Failure of Socialism

SocialismPolitical Theory

Blog08/10/2020

Eastman saw Lenin as a dogmatist guilty of great crimes, and socialism a recipe for disaster. Reflections on the Failure of Socialism is the record of his insightful assault on socialism and his defense of the free market.

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Throwing Printed Money at This Problem Won't Make It Go Away

Booms and BustsFinancial MarketsU.S. History

Blog08/10/2020

The crisis we faced in 2008 has not gone away, as we failed to heed its warning to change course and reduce debt levels. Instead, it has become bigger and more dangerous.

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