Mises Wire

Is the Monopoly Board Game Like Real Markets?

Economic FreedomFree MarketsMedia and CultureEntrepreneurship

Blog08/17/2023

Many people believe that the board game Monopoly, developed during the Great Depression, mimics a real-world capitalist economy. Monopoly is a game, not real life.

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Inflation Is a Giant "Skim" on the American People

Corporate WelfareInflationMoney and BanksU.S. EconomyU.S. History

Blog08/16/2023

Contrary to the government's line that "inflation hurts everyone," inflation really is a wealth transfer from those without political power to the politically connected.

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Is Boycotting Target a Legitimate Protest or an Act of Terrorism?

Cronyism and CorporatismPoliticsProgressivismStrategy

Blog07/20/2023

According to progressive elites, it is terrorism if consumers boycott businesses because of their leftist policies.

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Is Secondhand Smoke Bad, or Is It a Public Good? It’s Complicated

Bureaucracy and RegulationProperty Rights

Blog07/10/2023

The usual answer is that secondhand smoke is bad. But if value is subjective, perhaps secondhand smoke also can be seen as a public good.

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Is Social Justice the Progressive Equivalent of Rent-Seeking Behavior?

Big GovernmentMedia and CultureProgressivism

Blog06/26/2023

Rent seeking is a popular term used in economics to describe the behavior of firms trying to gain something from the government. Time to expand the definition.

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Is the Banking Crisis Being Orchestrated?

Bureaucracy and RegulationEconomic PolicyThe FedMoney and BanksU.S. Economy

Blog06/17/2023

With each iteration of the banking crisis, the Federal Reserve System and federal regulators gain in power and authority. Maybe the banking crisis isn’t an accident.

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It’s Raining Entrepreneurship at a Taylor Swift Concert

Economic FreedomThe EntrepreneurEntrepreneurship

Blog06/09/2023

While rain at an outdoor concert is a nuisance for most attendees, a few entrepreneurs saw not "pennies from heaven," but dollars.

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Is the US Banking Crisis Over? It Has Barely Begun

Booms and BustsThe FedMoney and BanksU.S. Economy

Blog06/02/2023

Fractional reserve banking by itself undermines both the banking system and the economy. No action by the Federal Reserve can eliminate the threats.

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