Mises Wire

John Rawls's Theories Help Refute John Rawls's Theories

Philosophy and Methodology

Blog11/06/2020

Rawls’s doubts about global justice make him an effective critic of his own theory of justice.

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The Rise of Mega–Gambling Facilities: A New Skyscraper Curse?

Booms and BustsFinancial Markets

Blog11/06/2020

Circa casino’s new three-story, 78 million–pixel, high-definition screen in its sportsbook gambling compound may represent a new frontier in mega–building trends similar to those of skyscrapers. 

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How the Left Uses "Science" To Extend Its Bias In Media and Academia

Blog11/05/2020

The 2020 election results will be a test of earlier liberal/progressive “investments” in modifying how Americans think about things. But at this point, perhaps more important will be whether, after the fact, people recognize how much they have been manipulated.

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Digitization Fueled by Easy Money and Covid Lockdowns Is a Form of Malinvestment

Booms and BustsWorld History

Blog11/05/2020

Central banks were already fueling artificial bubble growth and malinvestment in tech firms. Then the lockdowns sped up the trend even more.

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Rothbard’s Refutation of the Quantity Theory of Money

Blog11/05/2020

Rothbard provides three main reasons why  Irving Fisher’s equation of exchange—which underlies the monetarist quantity theory of money—is useless. 

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The Election Was a Tie. Now What?

Blog11/04/2020

The winner doesn’t represent “the nation.” There is no consensus. We’re not coming together “as a people.” These tired slogans should now strike every intelligent person as nonsense.

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Good News: Covid Is Driving More Parents to Homeschool

Blog11/04/2020

The current pandemic environment has opened up new approaches to schooling such as co-ops, learning pods, and unschooling. 

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Why Asset Bubbles Involve So Much More Than Just Rising Prices

Booms and BustsMonetary Policy

Blog11/04/2020

What matters is not whether the emergence of a bubble is associated with price rises but rather the fact that the emergence of a bubble gives rise to nonproductive bubble activities.

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