Mises Wire

To Avoid Civil War, Learn to Tolerate Different Laws in Different States

Decentralization and Secession

Blog10 hours ago

The end of Roe may force many Americans to recognize that the United States is not one place. It is many places. The key is to reject uniform federal policy. 

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Here We Go Again: The Fed Is Causing Another Recession

Booms and BustsThe FedInflation

Blog11 hours ago

After suppressing interest rates and creating asset bubbles for more than two decades, the Fed is now juicing up interest rates—and wrecking the economy.

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Rising Interest Rates May Blow Up the Federal Budget

Philosophy and MethodologyPolitical Theory

Blog07/01/2022

Congress enjoys exorbitant political privilege in the form of cheap deficit spending—but it may soon come to an end.

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The Fed's Tightening Will Only Drag Out the Economic Slump

The FedInflation

Blog07/01/2022

Tightening the interest rate hurts both bubble and solid businesses. The Fed should just focus on reducing the money supply.

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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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Powell Is the New Arthur Burns, Not the New Paul Volcker

U.S. History

Blog06/30/2022

With his current timid, weak, and prevaricating position on price inflation, Powell is positioning himself as the new Arthur Burns, who did nothing to end 1970s inflation. 

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The Austrian Economics Meeting Europe Got a Taste of Cancel Culture

History of the Austrian School of EconomicsOther Schools of Thought

Blog06/30/2022

Many think cancel culture is an odd particularity of the Anglosphere. Unfortunately, it raised its ugly head at this year's Austrian Economics Meeting Europe held in Lithuania.

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