Mises Wire

Consumer Expectations Don't Tell Us Much about the Real State of the Economy

U.S. Economy

Blog07/20/2021

In a free, unhampered market economy, individuals’ expectations are likely to correspond to the facts of reality. But we live in an economy where central banks routinely distort market signals and deceive the public. 

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Canadian Healthcare: A Half Century of Broken Promises

Health

Blog07/14/2021

The Canadian government promises to make healthcare available to all. Yet Canadians are forced to endure long and deadly wait times for treatment. And it's getting worse. 

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Carl Menger Explains the Nature of Goods

Value and Exchange

Blog07/14/2021

Menger's contribution is famous beyond Austrian economics, because it was one of the fundamental works of the subjective value theory and of marginal analysis. 

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Can the Dollar Survive Both Cryptocurrencies and China?

Money and Banks

The outcome of today's currency race is uncertain. The credibility of the leading fiat currencies has suffered substantially. Their instability has fueled crises and weakened growth, so the demand for an alternative store of value is high. 

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Can the Lightning Network Lead to "Hyperbitcoinization"?

BitcoinMoney and Banking

Blog07/02/2021

Just as the internet needed web browsers before it could really change the world, Bitcoin needed user-friendly interfaces to grow beyond money and towards being the base layer—the “rails”—for decentralized services built on Bitcoin alone.

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Canada's Alcohol Laws Are Stuck in the Past

Bureaucracy and Regulation

Blog07/01/2021

Alcohol sales in Ontario are stuck in a morass of price-fixing and other government controls. 

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Can Economics Save Medicine?

Health

Blog06/23/2021

Medicine is absolutely poised for incredible entrepreneurial breakthroughs which will revolutionize not only the practice and delivery of medicine, but how we think about health altogether.

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Central Banks See No Way out of the Low Interest Rate Trap

Money and Banks

The last time a major central bank knowingly tried to end a low-rate policy regime occurred in Japan in the late 1980s. Since then, no central banker has wanted to repeat this unhappy experience.

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