Mises Wire

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capitol building

The More Complex the Society, The Less Government Control We Need

Big GovernmentEconomic FreedomHayekLiberalism

Blog11/15/2023

Progressives claim that perhaps individual freedom might be appropriate for a simpler society but that as society grows more complex, the need for government grows. As Leonard Read pointed out, however, greater complexity requires greater freedom, not less.

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Manchin

The Problem with Joe Manchin's Centrism

DemocracyMajority RuleU.S. EconomyU.S. History

Blog11/15/2023

Sen. Joe Manchin says he is retiring because of legislative divisions that keep Congress from finding political “solutions” to the nation’s problems. In truth, Congress is more united than the people they supposedly represent.

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line at airport

The TSA Is Still Crazy after All These Years

Big GovernmentBureaucracy and RegulationThe Police StateU.S. History

Blog11/14/2023

In the past two decades, the TSA has proven it is ineffective in providing real security for airline passengers. However, its growing incompetence is matched only by its increasing intrusion into travelers' lives.

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graph going negative

The Inevitable Bust: Why Economic Booms Contain the Seeds of Their Own Destruction

Booms and BustsEconomic PolicyMonetary PolicyBusiness Cycles

Blog11/14/2023

While the Fed tries to engineer the mythical “soft landing” for the economy, Austrian economists know that this is an exercise in futility. Once the credit-fueled boom occurs, the bust logically follows.

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hourglass

Ten Years Ago, I Discovered the Mises Institute. These Are the Things I Wish I Had Done Differently

EducationMedia and CulturePhilosophy

Blog11/13/2023

Ten years ago, I discovered the Mises Institute. This is the advice I wish I could send back to my younger self.

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lacal

The Eurozone Disaster: Between Stagnation and Stagflation

Money and Banks

Blog11/11/2023

The problem of the eurozone is not China, rate hikes, or the Ukraine war. The curse of the eurozone is central planning. Subsidizing obsolete sectors and zombie firms, bloated government spending, and high taxes.

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positive graph

These Four Things Are Keys To Building the Wealth of Nations

CapitalismEconomic FreedomGlobal EconomyWorld History

Blog11/10/2023

Humanity progressed very slowly from the fall of the Roman Empire to almost the nineteenth century. Then came the Industrial Revolution, which changed everything.

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jay

The Fed Has No Plan, and Is Just Hoping for the Best

Money and Banks

Blog11/09/2023

Contrary to the longstanding myth of Fed independence and political neutrality,  the Fed is a deeply political organization committed to kicking the can down the road to get the regime through just one more election without a fiscal or monetary disaster. 

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