Mises Wire

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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If America Splits Up, What Happens to the Nukes?

War and Foreign Policy


A divided America remains a wealthy America, and a postsecession America would be wealthy enough to retain a defensive military. Moreover, it's even cheaper to maintain an effective nuclear arsenal than to keep up a large conventional military.

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Is Math Racist? That Does Not Compute

EducationMedia and CultureWorld History


Rather than representing “white supremacy,” the evolution of mathematics has been a globe-, race-, and culture-spanning collaboration of advancements, an ongoing development of more effective tools for anyone to use.

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In the Culture War, Conservatives Turn against Wall Street

Financial Markets


For conservative populists, Wall Street now is the Washington establishment, indistinguishable from the oligarchs of Silicon Valley; Washington, DC; and the New York Times.

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It's Time for Unilateral Free Trade with Canada, Australia, New Zealand, and the UK

Protectionism and Free Trade


Protectionists are always wrong, but they're obviously wrong when it comes to "protecting" US goods from Anglosphere competition. Neither geopolitcal concerns nor fears of capital flight to "cheap labor" apply in this case. 

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