Mises Wire

The Coming Whiskey Bubble?

Booms and Busts

Blog08/24/2019

Whiskey production depends on investment in highly specific capital, and it requires a long time horizon. It's a textbook case of the sort of industry that's likely to suffer most in case of an economic bust.

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The Zombie (Company) Apocalypse Is Here

Booms and BustsBusiness Cycles

Blog06/21/2019

The world now has the impossible choice of permanently reduced productivity and slower economic growth — or the mass bankruptcy of a significant percentage of the economy.

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The EU Is "the Embodiment of Bureaucratic Hubris"

Global Economy

The EU retreated from the ideas of free trade, free markets, and competition and turned its attention, resources and intentions towards developing a bureaucratic, regulatory, planning economy approach.

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The Data Don't Speak for Themselves

Blog03/23/2019

Problems with data are yet another reason why empirical science is never “settled.”

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The School Safety Debacle

EducationMonopoly and Competition

Blog12/24/2018

Since public schools are funded through tax dollars, the schools don't really care if their safety measures are done in a way that treats students with the sort of respect paying customers would likely receive.

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The UN's Plans for More "Charity" Won't Solve the World's Problems

Taxes and SpendingWorld History

Blog10/19/2018

The United Nations has big plans for your tax money.

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The (Empirical) Science Isn't Settled

Blog05/14/2018

"Because Science!" has become a popular refrain. I'm not just talking about climate studies. Hayek memorably described this mentality as "scientism".

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Thomas Hardy Shows Us The Horror of War vs. The Beauty of Trade

Media and CultureWorld History

Blog03/07/2018

Markets and trade offer far more benefit for ordinary people than participation in the state's wars. 

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