Mises Wire

Nozick Once Again

Calculation and KnowledgePhilosophy and MethodologyPraxeology

Blog05/29/2020

If time preference is genetically built into humans, are they double discounting future goods? Does this mean people should stop trying to weigh time in their calculations?

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No, Hayek Didn't Support the Pinochet Regime

World HistoryHistory of the Austrian School of EconomicsPolitical Theory

Blog05/15/2020

Hayek is guilty of pointing out what should be abundantly obvious: both democratic and authoritarian regimes can commit grave crimes against human rights.

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Negative Interest Rates: Rewarding Profligacy

Financial MarketsMonetary Policy

Why would an investor buy a bond that pays a negative interest rate? The answer lies in understanding how central banks manipulate the economy.

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Next in Coronavirus Tyranny: Forced Vaccinations and "Digital Certificates"

Big GovernmentHealth

Blog05/02/2020

Proponents of mandatory vaccines and enhanced surveillance are trying to blackmail the American people by arguing that the lockdown cannot end unless we create a healthcare surveillance state and make vaccination mandatory.

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New York vs. Texas: NY Has Nearly 50 Times More COVID-19 Deaths Per Capita

U.S. History

Blog04/28/2020

New York and New Jersey have produced more COVID-19 deaths than the rest of the country combined. So politicians have repeatedly claimed that the nation is "two weeks behind New York" to drum up support for extreme lockdown measures.

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No, Technology Shocks Aren't Behind Recurring Business Cycles

Business CyclesInterventionismOther Schools of Thought

Blog03/19/2020

Finn Kydland and Edward C. Prescott (KP), the 2004 Nobel laureates in economics think that technological shocks can explain 70 percent of economic fluctuations in postwar US data. Unfortunately their quantitative methods are simplistic and ignore the real problem: central banking.

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