Mises Wire

Delusion Reigns at the Eccles Building

The FedInflationUnemployment

While the Fed governors claim "all is well" and that inflation is "transitory," the bad news continues to pile up. Inflation will be with us for a long time.

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Decentralized and Neutral

Decentralization and SecessionDemocracy

Blog04/27/2022

The EU is a prime example of a tendency toward territorial expansion and political centralization.

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Decentralization and the Rise of the West: The European Miracle Revisited

Decentralization and SecessionEconomic FreedomPolitical Theory

Blog04/26/2022

Why did Europe advance economically in the postmedieval period? Bas Spliet looks to the writings of Ralph Raico and Hans-Hermann Hoppe for answers.

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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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