Mises Wire

Disney's Corporate Welfare Is Modern Mercantilism

U.S. Economy

Blog04/22/2022

Disney's special legal status in Florida is reminiscent of the mercantilist corporations of old. They were granted favors at the expense of ordinary businesses who did not enjoy the favor of state officials. 

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Do Conspiracies Really Exist? Murray Rothbard Thought So

AnarchyPhilosophySocialismThe Police State

Blog04/20/2022

The quickest way to discredit an intellectual opponent is to accuse that person of being a "conspiracy theorist." But what happens when real conspiracies occur?

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Deflation: Bad for the Government, Good for Producers and Consumers. What's Not to Like?

Booms and BustsCentral BanksInflationBusiness CyclesMonetary Theory

Blog04/13/2022

The "experts" solemnly tell us that deflation is even worse than inflation, and that deflation always will lead an economy into recession. The truth turns such "wisdom" upside down.

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Do Institutions Play a Role in Promoting Economic Growth? In Short, Yes.

DemocracyProperty Rights

Blog04/12/2022

We are told that economic growth goes along with liberal democracy. But social institutions play an important role that transcends the political order.

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Do "Inflationary Expectations" Cause Inflation? Contra Krugman, the Answer Is No

Central BanksThe FedInflationMoney Supply

Blog04/07/2022

Paul Krugman recently wrote that the reason we see high inflation is that people mistakenly believe inflation is in our future and act accordingly. This reasoning is false.

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Destroying America to "Save" It? Biden's Nihilistic Destruction of the Energy Industry

Bureaucracy and RegulationThe EnvironmentU.S. Economy

Blog04/05/2022

The Biden administration in its desire to "save" the planet from climate change has decided to destroy one of this country's most productive and important industries in the process, putting the US economy itself in jeopardy.

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Dr. Thomas Szasz’s Campaign against Psychiatric Coercion and the "Therapeutic State"

HealthProgressivism

Blog03/22/2022

The late Dr. Thomas Szasz, who was well known to libertarians, believed using coercion to treat psychiatric patients was a form of torture. He left a legacy of freedom in a profession that has all but abandoned liberty.

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Death by Inflation or by Interest Rate Hikes?

Central banks are going to receive fierce (and well-deserved) criticism, whatever they do. Pick your poison: inflation or bankruptcy.

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