Mises Wire

A Great Man Cannot Salvage a Bad Idea

Media and CultureSocialismWorld History

Blog06/08/2023

Einstein might have been one of history's most brilliant men, but even his great mind could not have made socialism work. Unfortunately, he wasn't smart enough to see that.

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To Avarice No Sanction

Economic FreedomPhilosophySocialism

Blog06/08/2023

What many people call government generosity Leonard Read called avarice.

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Technology Is Meaningless without Entrepreneurship

The EntrepreneurStrategyEntrepreneurship

Blog06/07/2023

While many believe that technology is key to a growing economy, technology is useless without entrepreneurship, which develops uses for technology.

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Econometric Models Cannot Fulfill the Role of an Economics Laboratory

Economic PolicyRationalismPhilosophy and Methodology

Blog06/07/2023

In their desire to make economic theory emulate physical sciences, economist create models that do not reflect genuine human action.

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How Capitalism Redefined Masculine Virtue

Media and CultureU.S. History

Blog06/06/2023

In the pre-industrial world, aggression and physical domination were often labeled as "masculine" virtues because they were useful for survival. The rise of the cooperative market economy changed all that. 

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Environmentalism and the Immoral Low Ground

The EnvironmentMedia and CultureProgressivism

Blog06/06/2023

While environmentalism seems to hold the moral high ground with US elites, in truth it is antihuman and economically and socially destructive.

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US Trade Deficits Are Growing Larger. Or Are They?

The FedInflationMonetary PolicyU.S. Economy

Blog06/06/2023

US trade deficits seem to be expanding, placing pressure on the dollar. However, central banks around the world are just as irresponsible as the Fed, masking the relative devaluation of US money.

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The Republicans' Fiscal Irresponsibility Act

Taxes and Spending

Blog06/06/2023

The Republicans' "Fiscal Responsibility Act" allows the government to continue adding trillions of dollars of debt that will be monetized by the Federal Reserve.

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