Mises Wire

If the Nordic Countries Are Socialist, So Are These Less Impressive Countries

Global Economy


Have you ever noticed that it's only the wealthy Nordic countries that are singled out as being "socialist"? Places like Greece and Italy, which are more socialistic than Scandinavia, never seem to warrant a mention on this topic. 

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India's Crypto-Clueless Regulators

Money and Banks


I would be silly to suggest that I know the precise potential of cryptocurrencies, but I would be even sillier if I were to say that the Indian government does.

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If Deficits Don't Matter, Why Bother with Taxes?

Taxes and Spending


If deficits don't matter, why bother with taxes? The regime has the answer: taxes are important for punishing people we don't like, rewarding our friends, and for maintaining control over the public. 

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In Search of Utopia

World History


Hegel and Marx took a philosophy from some fringe Christian groups and turned it into a global utopian movement that has been disastrous.

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It's Time for the US to Withdraw from Korea

War and Foreign Policy


Pulling troops out of South Korea is an important step in changing the conversation on American foreign policy, which is swamped in platitudes of promoting missionary enterprises abroad and finding new bogeymen to confront. 

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In Some Countries, Lockdowns May Be the "New Normal"



While some countries in Europe are showing signs of lifting all restrictions soon, Ireland’s so-called leaders are telling citizens it cannot be guaranteed that they’ll even be able to holiday in their own country this summer.

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Is Money a Creation of Government?

Money and Banking


Using the Mises’s regression theorem, we can infer that it is not possible that money could have emerged because of a government decree as suggested by the modern monetary theory (MMT).

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India's Farming Reform: A Lesson in Interest Group Politics

Cronyism and CorporatismPrice ControlsProtectionism and Free Trade


If Punjabi farmers had been portrayed as affluent, the media would view them as greedy entrepreneurs. But leveraging the political capital of perceived powerlessness has allowed them to obscure their true status as rent seekers. 

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