Mises Wire

Ron Desantis Plans to Revive Florida's State Militia

U.S. History

Blog12/28/2021

Genuine change will likely come only through muddling through at the state and local level. That kind of work will be instrumental in the creation of decentralized alternatives to our present political order.

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Biden's War against Fossil Fuels Is a War against Ordinary People

Blog12/27/2021

The hardships from high fossil fuel prices that will be suffered by Americans and others around the world will be a humanitarian crisis that could have been avoided.

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The Real Reason Politicians Want Legal Cannabis Is Tax Money

U.S. EconomyU.S. History

Blog12/27/2021

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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Rousseau, Guevara, Marx and More: The Moral and Intellectual Bankruptcy of the Left

World History

The moral corruption of many left-wing intellectuals shows itself in verbal ferocity, exhortations to violence, demonization of opponents, and lack of respect for the dignity of individuals.

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A Strategy to Promote Sound Money: Decentralize the State

Money and Banks

Blog12/25/2021

The current system of freely fluctuating paper currencies with the US dollar as reserve currency would not have been possible without political centralization of monetary systems. 

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Caesar Is Not God. God Is Not Caesar.

World History

Blog12/24/2021

This new religion was odd in that it rejected the divinity and dominion of political rulers and declared that the real savior of mankind—and his kingdom—is "not of this world."

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Western Economies Are Self-Destructing with Inflation, Debt, and Taxes

Money and Banks

Blog12/24/2021

Thanks to covid shutdowns, declining productivity finally brought price inflation to the fore. But the world's governments have learned nothing and cling to the same inflationist policies. 

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How Much Control Does the Central Bank Have over Interest Rates?

Money and Banks

Blog12/23/2021

The central bank can manipulate the interest rate to whatever level it desires. But it cannot control how the interest rate is dictated by each individual's time preference. That's a problem. 

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