Mises Wire

A Textbook Case

DemocracyFree Markets

Blog09/02/2022

Is democracy a superior substitute for free markets? Jedediah Purdy believes so. David Gordon sets him straight.

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America's Secret Government by Proxy

Big GovernmentBureaucracy and RegulationStrategy

Blog09/01/2022

While we often concentrate on government agents' antiliberty actions, it is easy to overlook the shadow government of private business firms and NGOs that do the government's bidding.

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A Tale of Two Liberties

LiberalismStrategyWorld History

Blog08/18/2022

In colonial America, "liberty" came to mean rights one possessed outside of government approval. In revolutionary France (and in modern Canada) it has come to mean participation in a political system.

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AB 257: Another Antieconomic California Boondoggle

Big GovernmentLabor and WagesLegal System

Blog08/17/2022

Not satisfied with putting thousands of people out of work with its infamous AB 5 legislation, California lawmakers now are going after fast-food businesses.

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Africa Needs Conventional Fuels, Not Windmills and Solar Panels

Bureaucracy and RegulationFree MarketsProgressivism

Blog08/11/2022

Western elites are using Africa as their little laboratory for renewable energy schemes. Not surprisingly, these initiatives leave Africans in poverty and their economies in tatters.

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After Secession, What Happens to the National Debt?

U.S. HistoryWorld History

Blog08/03/2022

National divorce does happen, and debts are not necessarily repudiated as a result. We can look to examples from Latin America, Eastern Europe, and the Czech-Slovak split. 

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Austrian Economics and the Capital Asset Pricing Model: A Reconcilation?

Financial MarketsCapital and Interest Theory

Blog08/02/2022

Academic finance makes a lot of use of the capital asset pricing model (CAPM), but is it compatible with Austrian economics? Indeed, Austrians do have something to say, thanks to Mises and Rothbard and Austrian capital theory.

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