Mises Wire

When Military Strategy Ignores Economics: The Sad Story of Rear Admiral Alfred Thayer Mahan

War and Foreign PolicyWorld History

Blog03/03/2023

Do military leaders really understand economics and, especially, do they understand the devastating effect war has on peaceful economies? Certainly, not enough of them understand economics.

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Once More unto the Veatch

LibertarianismPoliticsPhilosophy and Methodology

Blog03/03/2023

Human rights is a term tossed around casually in our politicized age. Must there be a moral base to such rights, and how do we determine that morality?

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Public Transit Projects Are the Perfect Recipe for Financial Disaster

Bureaucracy and RegulationCronyism and CorporatismProgressivismSocialism

Blog03/03/2023

The planned subway extension in New York City promises to be the latest financial fiasco in the mess that is the city's undercapitalized and poorly maintained metro.

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The Impossibility of Equality

Blog03/02/2023

Income can never be equal. Income must be considered, of course, in real and not in money terms; otherwise there would be no true equality. We publish this in honor of what would have been Murray Rothbard's 97th birthday.

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The Coming Recession Will Be a Global One

Booms and BustsMonetary PolicyU.S. EconomyBusiness Cycles

Blog03/02/2023

While the Biden White House claims we are on a steady course of prosperity, the more realistic future is that of a global recession.

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One Year Later in Ukraine: Washington and NATO Got It Very Wrong

U.S. History

Blog03/02/2023

The foreign policy "elites" have been wrong about regime change, sanctions, "the lesson of Munich," a "rules-based order," and pretty much everything else.  

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Saudi Arabia’s Quandary: The End of the Petrodollar

Cronyism and CorporatismMonetary PolicyWar and Foreign Policy

Blog03/02/2023

As the Biden administration continues to inflate the dollar, other nations are questioning the existence of the petrodollar.

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The Attack of the Subversive Elites

Legal SystemPoliticsProgressivism

Blog03/01/2023

We can be sure that the "natural elites" of which Hans Hoppe wrote are not among the Davos crowd. That group of "elites" has an agenda, and it is not liberty and free markets.

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