Mises Wire

The Income Tax: Lessons from the Sixteenth Amendment

Taxes and Spending

Blog04/15/2019

The passage of an income tax in the early twentieth century in America was an enormous shift toward a far more centralized and powerful state.

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The Menace of Sub-Zero Interest-Rate Policy

Blog04/12/2019

If central banks had all respected a 1-2% floor to interest rates through the last decade how would economic recovery have taken place and what would have been the nature of the expansion?

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The Division of Labor Is at the Very Core of Economic Growth

Capital and Interest Theory

Blog02/09/2019

The importance of the division of labor hardly can be exaggerated, and it is also key in understanding the process of capital creation.

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Trump's Absurd Claim that Americans Are Free from Government Coercion

Blog02/07/2019

Tuesday night, Donald Trump claimed that Americans have always been free and "will stay free" of "government coercion." The U.S. regime's many victims would probably beg to differ.

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The Depression of 2019-2021?

Blog12/28/2018

History never quite repeats itself, but we can look for echoes of depressions from the 1920 and 1930s. Indeed, our current bubble shares some characteristics with bubbles of the past.

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The Monetary Base Never Returned to "Normal" After the Great Recession

Money and BanksMoney and Banking

Blog12/21/2018

M1 and the monetary base are almost equal at this time, but this is unprecedented in modern monetary history, as usually the monetary base is a fraction of M1.

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The State Is Influencing Big Tech’s "Unpersoning" — Now Imagine If It Takes Over Healthcare

Big GovernmentHealthMedia and Culture

Blog12/11/2018

Grow the scope of government and expand the weapons of the state that can be deployed against its political enemies.

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The Case Against Pharma Patent Monopolies

HealthMonopoly and Competition

Blog11/13/2018

Brand recognition, competition, and de-regulation are the keys to a more affordable and more competitive drug market.

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