Mises Wire

A Political Victory for the Joes Is a Loss for the Country

Big GovernmentBureaucracy and RegulationCronyism and CorporatismInflationPrice Controls

Blog08/01/2022

Sen. Joe Manchin has agreed to support a "Build Back Better" lite that proponents claim will reduce inflation, give us better weather, and "pay for itself" through price controls and taxes. Perhaps we should be wary of such political "victories" for the political elites.

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Austrians vs. Neoclassicists on Monopolies

Big GovernmentFree MarketsMonopoly and Competition

Blog07/28/2022

Neoclassical economists have a rigid view of monopoly producers. Austrians recognize that the only monopolies that create problems have been nurtured by government intervention.

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Argentina's Difficult Political Landscape and Libertarian Prospects for Change

Bureaucracy and RegulationDemocracyEconomic FreedomSocialism

Blog07/13/2022

Once wealthy Argentina has suffered under one interventionist regime after another for nearly a century. What are the prospects for changing things for the better?

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Africa's Entrepreneurs: The Igbos of Nigeria

The EntrepreneurWorld History

Blog07/07/2022

Groups targeted by class warriors in America will achieve more if they follow the Igbos’ path and ignore the politics of grievance.

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A Tale of Two Legal Systems: Common Law and Statutory Law

Law

Blog07/01/2022

Legal systems matter, and common law better serves a free society than statutory law, with its emphasis upon legal positivism.

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A Triple-Barreled Gun Is Destroying African Economies: Inflation, Government Debt, and Taxes

Bureaucracy and RegulationInflationPovertySocialismTaxes and Spending

Blog06/17/2022

African economies aren't being strangled by capitalism but by statism, which has imposed inflation, debt, and high taxes.

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Are Technology Shocks Responsible for Business Cycles? In a Word, No.

Booms and BustsEconomic Policy

Blog06/10/2022

The theory of real business cycles won a Nobel Prize, but it ultimately confuses cause with effect.

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Are Today's Homeownership Rates Sustainable?

U.S. Economy

Blog06/08/2022

Skyrocketing asset prices are great for hedge fund managers and Wall Street types, but they increasingly drive ordinary people into unsustainably large amounts of debt.

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