Mises Wire

Argentina and Brazil Look to Establish a Common Currency

Cronyism and CorporatismMonetary PolicyProtectionism and Free Trade

Blog37 min ago

Two nations famous for hyperinflation now look to create a common currency. Unless that currency is gold, this is a bad idea.

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Against All Odds, Chinese Entrepreneurs Succeed around the World

The EntrepreneurWorld HistoryEntrepreneurship

Blog01/23/2023

Hindered by government in their home country, Chinese entrepreneurs have excelled overseas.

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Australia: The Nation Founded by British Convicts Embraced Entrepreneurship

Free MarketsWorld HistoryEntrepreneurship

Blog01/14/2023

Australia is famous for its laid-back culture and for being founded by convicts from Great Britain. It also should be famous for its embrace of entrepreneurship.

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America, Brazil, and the Illegitimacy of Weaponized Democracy

Legal SystemStrategy

Blog01/10/2023

The similar challenges facing America and Brazil, including concerns about the state of their democracies, is worthy of exploration, as is the global response to the protest and what that response means for those opposed to the current “neoliberal” international order.

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A Short Essay on Sound Monetary Policy

Money and BanksGold StandardMonetary Theory

Blog01/07/2023

In a market economy, gold is sound money. There is no need for monetary authorities when gold rules.

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Again the Government Is Taking Antitrust Action against Microsoft. Again This Is Wrong.

Cronyism and CorporatismEconomic PolicyFree Markets

Blog01/06/2023

The Federal Trade Commission seeks an anti-trust judgment against Microsoft for its move to acquire Activision. Like all other anti-trust action, this one has no economic merits.

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Authoritarianism Is Not Compatible with Economic Progress: Freedom Is Indivisible

Economic FreedomThe Police StateU.S. History

Blog12/31/2022

The belief that a free market economy needs an authoritarian state to support it is mistaken. Mises said it best when he wrote that "freedom is indivisible."

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Austerity: A Real Solution to Help Heal the US Economy

Bureaucracy and RegulationEconomic PolicyU.S. Economy

Blog12/15/2022

Economists like Paul Krugman have claimed that practice of austerity in government would damage the US economy. As Mark Thornton points out, the opposite is true: austerity works.

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