Mises Wire

In Healthcare, a Little Bit of Market Freedom Goes a Long Way

Cronyism and CorporatismFree MarketsHealth

Blog12/30/2019

Clearly marked prices on private-sector cash-payment surgeries are a great thing. In fact, the competition of for-profit surgery centers drives down prices at more "traditional" (i.e., highly bureaucratized) hospitals.

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Is 150 Years of Bank Credit Expansion Nearing Its End?

U.S. HistoryMoney and Banking

Blog12/14/2019

Central bankers want to find a means of resetting everything, exploring solutions such as digitising currency through blockchains, doing away with cash, and finding other avenues to try to control the so-called vagaries of free markets.

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Intellectual Property as the New Guild System

Bureaucracy and Regulation

Blog11/15/2019

Even if one strongly believes that IP laws are essential for creativity, it is difficult to justify the expansion of IP protections that have taken place in recent decades.

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It's Trump vs. the Deep State vs. the Rest of Us

Bureaucracy and RegulationWar and Foreign Policy

Blog11/14/2019

Even The New York Times now admits there is a deep state — and that it serves its own agenda while ignoring the elected civilian government.

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If People Can't Be Trusted with Market Freedom, They Also Can't Be Trusted with the Vote

Interventionism

Blog10/17/2019

Behavioral economists say that since individuals are irrational, we need more state intervention in the economy. However, their criticism can be turned around: if individuals are irrational, government power is especially dangerous.

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Inverted Yield Curves, Recessions, and You

Financial MarketsU.S. EconomyBusiness CyclesCapital and Interest Theory

Blog09/05/2019

To understand what an inverted yield curve means, you must first understand what the yield curve is.

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If Deficits Are This Huge Now, What Happens When the Recession Hits?

U.S. EconomyU.S. History

Blog08/16/2019

It is troubling that after a decade of an economic expansion, the US government is still spending money as it does during and immediately following a recession. It is as if the economy is now in a state of permanent "stimulus."

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