Mises Wire

The US Misery Index Shows How Weak This Recovery Is

Blog1 hour ago

This is not a strong economy, it is a disaster waiting to happen as inflation remains elevated. Even the Federal reserve now admits inflationary pressures are “persistent.”

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The Heroic Draft Dodgers of the American Civil War

Blog11/27/2021

Not all of America’s young men of the North bought into the federal propaganda. When the federal government was forced to resort to a military draft, many Americans resisted.

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Housing Hubris: Can Home Prices Spiral upward Forever?

U.S. Economy

Blog11/27/2021

The causes of today's skyrocketing housing prices are different in many ways from what happened in 2008. But that doesn't mean we're barreling toward a happy ending.

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Murray Rothbard versus the Public Choice School

Philosophy and Methodology

Blog11/26/2021

James Buchanan thought the state was a voluntary institution. Murray Rothbard, on the other hand, understood the reality of state violence and coercion.

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Monetary Policy Is in Turmoil

Money and Banks

Blog11/26/2021

From the point of view of present-day standard macroeconomics, monetary history is a succession of technical changes to facilitate an increasingly large inflation of the money supply.

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Joe Weisenthal Thinks Debasing the Dollar Is the Moral Thing to Do

Money and Banks

Blog11/25/2021

In one recent thread, Weisenthal mocked the people worried about the falling purchasing power of the US dollar, and claimed that it would be immoral for currency to maintain its value over time.

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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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