Mises Wire

The Industrial Revolution and the West Indies: Did the Colonies Spark Progress in the Metropole?

World History

Blog07/12/2022

The West Indies played a vital role in growing the British economy in the eighteenth century.

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The Myth behind the Federal Power to Strike Down State Laws

Decentralization and SecessionU.S. History

Blog07/08/2022

Why do Americans believe that state and local laws are subject to veto by federal policy makers but the federal government is to be the sole judge of its own laws? Federal elites want it that way.

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The Unending Farce of US Sanctions against Russia

Economic PolicyWar and Foreign Policy

Blog07/07/2022

While the economic sanctions against Russia are helping to impoverish people in that country, they are doing a lot of damage elsewhere too.

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To Avoid Civil War, Learn to Tolerate Different Laws in Different States

Decentralization and Secession

Blog07/02/2022

The end of Roe may force many Americans to recognize that the United States is not one place. It is many places. The key is to reject uniform federal policy. 

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The Fed's Tightening Will Only Drag Out the Economic Slump

The FedInflation

Blog07/01/2022

Tightening the interest rate hurts both bubble and solid businesses. The Fed should just focus on reducing the money supply.

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The Austrian Economics Meeting Europe Got a Taste of Cancel Culture

History of the Austrian School of EconomicsOther Schools of Thought

Blog06/30/2022

Many think cancel culture is an odd particularity of the Anglosphere. Unfortunately, it raised its ugly head at this year's Austrian Economics Meeting Europe held in Lithuania.

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The Great Reset in Action: Ending Freedom of the Press, Speech, and Expression

LiberalismProgressivism

Blog06/29/2022

Governments never have respected rights of free speech. Today, they restrict freedom of speech and of the press and promote falsehoods in the name of "protecting truth."

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The Pigouvian Tax Is a Myth

Economic PolicyThe EnvironmentTaxes and Spending

Blog06/24/2022

Standard neoclassical economics texts claim a Pigouvian tax will lead to the "optimal" price and production of a good. But "optimality" is a myth.

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