Mises Wire

If Trump Decides to Start a Nuclear War, No One Can (Legally) Stop Him

War and Foreign Policy

Blog01/08/2020

There's no evidence Trump is more trigger-happy than any other president, but the presidency's unchecked nuclear-launch power will remain a problem both now and with future presidents.

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In Healthcare, a Little Bit of Market Freedom Goes a Long Way

Cronyism and CorporatismFree MarketsHealth

Blog12/30/2019

Clearly marked prices on private-sector cash-payment surgeries are a great thing. In fact, the competition of for-profit surgery centers drives down prices at more "traditional" (i.e., highly bureaucratized) hospitals.

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Is 150 Years of Bank Credit Expansion Nearing Its End?

U.S. HistoryMoney and Banking

Blog12/14/2019

Central bankers want to find a means of resetting everything, exploring solutions such as digitising currency through blockchains, doing away with cash, and finding other avenues to try to control the so-called vagaries of free markets.

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It's Trump vs. the Deep State vs. the Rest of Us

Bureaucracy and RegulationWar and Foreign Policy

Blog11/14/2019

Even The New York Times now admits there is a deep state — and that it serves its own agenda while ignoring the elected civilian government.

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Is Protectionism Patriotic?

Blog10/14/2019

Conservatives tell us that we must move beyond the idea of allowing people to trade freely in the marketplace. "Patriotism" is the true measure of economic policy, and that requires higher taxes, more government spending, and a powerful state.

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If Deficits Are This Huge Now, What Happens When the Recession Hits?

U.S. EconomyU.S. History

Blog08/16/2019

It is troubling that after a decade of an economic expansion, the US government is still spending money as it does during and immediately following a recession. It is as if the economy is now in a state of permanent "stimulus."

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Interest Rate Increases: How Fast is "Too Fast?"

Money and BanksMoney and Banking

Blog07/30/2019

Donald Trump thinks the Fed raised rates "too fast." In truth, rates have been at remarkably low rates for the past decade. And how would Trump know how fast is "too fast" anyway?

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