Mises Wire

You Don’t Like It? Leave! The Telling Sophistry of Tax Apologists

Big GovernmentDemocracyTaxes and Spending

Blog05/04/2023

Contrary to the worldview of progressives, taxation and the coercion it brings are not part of a "social contract." Instead, they are implemented by force.

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Jay Powell Said the Banking System Is "Sound and Resilient." Now More Banks Are in Trouble.

Money and Banks

Blog05/03/2023

If the Fed is serious about bringing down price inflation, it's difficult to see how the Fed can do that while also guaranteeing more liquidity to an obviously fragile banking system.

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Libertarian Law by Democratic Means: The Power of Ideologies and Public Opinion

DemocracyWorld History

Blog05/03/2023

Mises had hoped that democracy would lead to free societies after World War II ended. He did not foresee the illiberal turn in the West in the last decade.

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20 Years Later: Remembering the Disastrous and Failed Iraq War

War and Foreign Policy

Blog05/03/2023

We must fight to ensure that the Iraq War and its supporters are never rehabilitated by historians or pundits. Nor should the war, its lies, and its crimes ever be forgotten.

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Does GDP Present an Accurate Picture of the Economy? Not Likely

Booms and BustsEconomic PolicyThe Fed

Blog05/03/2023

The most popular measure of economic growth is GDP. However, GDP movement is driven by changes in the money supply, not real economic factors.

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How to Teach Austrian Economics to the Neighbor Kids

Economic FreedomThe EntrepreneurLabor and WagesEntrepreneurship

Blog05/02/2023

Austrian economics is not dry theory. It helps us make sense of our world and shows that exchange and production have a place in our moral universe.

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Congress Ignores Real Debt Ceiling Drama

Cronyism and CorporatismPoliticsTaxes and SpendingU.S. Economy

Blog05/02/2023
The looming economic crisis is a symptom of our moral and philosophic crisis.
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