Mises Wire

Milei's Long-Term Victory Depends on Him Winning in the Battle of Ideas


Free-market intellectuals, activists, and columnists must never tire of endlessly recapitulating the truth about freedom, free markets, and peace. So long as a sizable portion of the Argentine public thinks the Peronists "get it right," no free-market reformer can succeed.

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Mounting Deficits Mark the US's Road to Ruin

Money and BanksU.S. Economy


For 2023, the United States will likely post the worst GDP growth—excluding debt increases—since 1929. In other words, the country is in a recession disguised by bloated deficit spending.

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Mises on the History of Warfare

CapitalismWar and Foreign PolicyWorld HistoryInterventionism


As war rages in the Middle East, we are reminded of what Mises wrote in 1949 on warfare and its awful effects.

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Mark Thornton Explains the Yield Curve, "Soft Landings," and Today's Bubble Economy


In this Q and A with Dr. Mark Thornton, we look at where the bubbles are in today's boom cycles—and where it is all headed.

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Mises versus Hayek on the Future of Civilization

HayekCalculation and KnowledgePhilosophy and MethodologyPolitical TheoryPraxeology


While F.A. Hayek is known for his term “spontaneous order,” Mises saw institutional development as coming from growth in human understanding of things.

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Marxist States Never "Wither Away" as Marx Predicted

DemocracyLanguageSocialismWorld History


David Gordon continues his analysis of Graham Priest’s book, Capitalism: Its Nature and Its Replacement. While Priest might not understand either Marxism or capitalism, his book has useful insights.

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Monetary Inflation Won't Create Economic Growth

Money and Banks


David Hume, Adam Smith, and Étienne de Condillac observed that money is neither a consumers' good nor a producers' good and that, therefore, its quantity is irrelevant for the wealth of a nation.

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