Mises Wire

The First Economics Lesson

Political Theory


Economics is haunted by more fallacies than any other study known to man. This is no accident. 

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True Competition versus the Monopolist "Minimal State"


Suppose some people don't like the services furnished by a "minimal state." Don't these people have the right to establish their own services to compete with the minimal state?

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The Problem with "Left vs. Right"

World History


The original "leftists" wanted to abolish government regulation and controls. The rightists were the old control-freak authoritarians. But then the Jacobins hijacked the Left. 

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Time Is Running Out!


Twenty-twenty-one is zipping by. Help the Institute fight the latest wave of statism by making a donation before the year ends!

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The Businessman and the Holy Family

For Jesus and his followers, private enterprise was there from birth, through life, and to death, providing a refuge of safety and productivity, just as it has in our time.

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The Real Reason Politicians Want Legal Cannabis Is Tax Money

U.S. EconomyU.S. History


Colorado and Washington State have shown governors in the Northeast and Mid-Atlantic how they've been missing out on collecting taxes from cannabis sales.

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The Fed's Dovish "Tapering" and the ECB

Money and Banks


Europe's governments are caught up in a destructive symbiotic relationship with Europe's central bank. If they don't end QE and cut debt, they face some very hard times ahead. 

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The Fed Is Hawkish Now? I’ll Believe It When I See It.

Money and Banks


We're told they're hawks now, but the Fed is still thinking the way it has thought for the entirety of the twelve years since 2009, when today’s QE experiment began.

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