Mises Wire

Hegel's Very Odd Definition of Freedom

SocialismPhilosophy and Methodology

Blog01/24/2020

Liberalism conceives of freedom as the absence of constraint, but Hegel's definition is more expansive. And, of course, the state is a necessary condition for it.

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How to Avoid Secular Stagnation

Booms and BustsMoney and Banks

Blog01/21/2020

In order to remove the threat of secular stagnation what is required is to shrink government outlays and to close all the loopholes for the creation of money out of thin air.

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Huge Debt Got Us Hooked on Petrodollars — and on Saudi Arabia

Blog01/14/2020

Petrodollars and petrodollar recycling are at the heart of what keeps the US debt and money-printing mechanism going. The geopolitical stakes are very high.

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How Rent Seeking Impoverishes Nations

Corporate WelfareCronyism and CorporatismProtectionism and Free TradeTaxes and Spending

Blog01/08/2020

So long as governments exist, it is essential that we minimize the ability of groups and individuals to use the power of the state to enrich themselves.

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Henry Ford Did More for Workers than Unions Did

Labor and Wages

Blog01/06/2020

Henry Ford's factories had a hard time keeping workers because the work was monotonous. So Ford helped keep workers around through reduced hours, vacation time, and other benefits that are now considered typical.

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Hunter-Gatherers Ravaged the Environment. Industrialization Saved It.

The EnvironmentMedia and CultureWorld History

Blog01/01/2020

Hunter-gatherer societies stripped the local environment of resources and then moved on to another place. There was nothing environmentally responsible about this sort of economy, in spite of modern efforts to portray prehistoric humans as tree huggers.

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How to Write and Understand History

Philosophy and Methodology

Blog12/28/2019

Economic history is possible only because there is an economic theory capable of throwing light upon economic actions. If there were no economic theory, reports concerning economic facts would be nothing more than a collection of unconnected data open to any arbitrary interpretation.

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Healthcare and "Market Failure"

Bureaucracy and RegulationHealth

Blog12/26/2019

Proponents of socialized medicine assert that markets cannot be trusted with healthcare due to "market failure." But the assumed "failures" of health markets are not improved by socializing healthcare.

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