Mises Wire

When Fiat Currency Stops Being Money

Money and Banks


If the private sector does not accept a currency as a general means of payment and a store of value, the currency becomes worthless and ceases to be money. Ultimately, it becomes useless paper.

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We've Only Just Begun to See the Benefits of the New Surge in Homeschooling


For decades, countless parents have been on autopilot when it comes to letting the state manage their child's education. But over the past two years, millions of parents have begun to take control.

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We're All Talking about Inflation, but Deflation May Also Be on the Way

Money and Banks


When prices fall as a result of rising wealth that's good news. But deflation is also good news when it follows the bursting of a financial bubble caused by money creation.

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Why Don’t Police Unions Protect Whistleblowers?

Bureaucracy and RegulationU.S. History

It is clear that there are situations in which the unions’ interests diverge from the public’s interest in transparency and good policing. But the unions’ interests also often diverge from the interests of individual members.

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With Low Vaccination Rates, Africa's Covid Deaths Remain Far below Europe and the US

Bureaucracy and RegulationHealth


“Africa doesn’t have the vaccines and the resources to fight COVID-19 that they have in Europe and the U.S., but somehow they seem to be doing better.”

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Why It's Important to Prepare Students for "Trick Questions"



A "good" education consists of learning how to spot "trick questions" that lead us astray from clear thinking. We often see that every "free lunch" offered by politicians involves at least one trick question.

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Why Care about Inequality?

Book Reviews


Inequality can exist and grow even if everyone is becoming better off—but some are becoming more better off than others. Should we care about this kind of inequality? 

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What the United States Can Learn from the European City-States

U.S. History


If US states are able to act independently, there is a greater chance for competition between jurisdictions, incentivizing states to provide a higher quality of life and to attract productive newcomers.

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