Mises Wire

Can a Free Market Economy Be Trusted to Recover on Its Own?

The FedBusiness CyclesInterventionism

Blog10/31/2022

As the economy moves into recession, government and Fed officials will increase intervention. If they want an economic recovery, the best course is to permit free markets to work.

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Critiquing Florida's Public Policy of "Shared Adversity"

Bureaucracy and RegulationEconomic FreedomThe Environment

Blog10/28/2022

Florida's government promotes a "shared adversity" plan in which individuals and organizations have distant environmental problems imposed upon them.

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Can We Have Scarcity but Reject the "Scarcity Mindset?" In a Word, No

Free MarketsProgressivism

Blog10/22/2022

Progressives claim that while they might acknowledge the presence of scarcity, nonetheless, we can reject a "scarcity mindset" because governments can order an end to scarcity through fiat.

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College as an Economic and Social Problem: Dealing with the Culture

Bureaucracy and RegulationEducation

Blog10/11/2022

Even while Americans deal with skyrocketing higher education costs, few would challenge the worth of college and fewer still question the campus culture. Yet, that is precisely where the problems lie, even if people don't recognize it.

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Can Tax Cuts Reduce Corruption in Ukraine?

Cronyism and CorporatismTaxes and SpendingWar and Foreign Policy

Blog10/10/2022

Ukraine not only is famous for its current war with Russia, but also for being one of the most corrupt states in Europe. Cutting taxes may reduce the underground economy.

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Central Banks Claim to Preserve the Value of Money through Inflation

Central BanksInflation

Blog09/29/2022

Central banks claim that their main purposes are to help an economy maintain high rates of employment and price stability. Ironically, they claim to do this through inflation targets.

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Cryptocurrency as Money—Store of Value or Medium of Exchange?

BitcoinMonetary TheoryPraxeologyValue and Exchange

Standard neoclassical definitions of money call it a means of exchange and a store of value. But is this correct?

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