Mises Wire

The Deep State: The Headless Fourth Branch of Government

Bureaucracy and RegulationLegal SystemWar and Foreign Policy

Blog11/20/2019

School children learn that there are three branches of government. In actual practice, there is a fourth branch, the permanent bureaucracy which includes legions of civilian and military agents, officers, and administrators committed to protecting their own interests.

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There Is No End to History, No Perfect Existence

Free MarketsWorld History

11/20/2019Mises Daily Articles
The fully satisfied individual is purposeless, he does not act, he has no incentive to think, he spends his days in leisurely enjoyment of life. It is certain that living men can never attain such a state of perfection and equilibrium.
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The West Was Never Really an Enemy of Soviet Communism

The Police StateWorld History

Blog11/15/2019

In his new book Judgment in Moscow, Vladimir Bukovsky claims the spirit of the Bolsheviks was never really destroyed. And it has been kept alive with Western help. 

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The Berlin Wall Reminds Us of What Happens After We "Smash Capitalism"

World History

Blog11/08/2019

It's not necessary to completely destroy capitalism to impoverish us irrevocably. The further a regime moves in the direction of the "egalitarian" states of the old communist world, the worse the impoverishment will be.

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The Economics Behind the Fall of the Berlin Wall

World HistoryCalculation and KnowledgePrices

11/07/2019Mises Daily Articles
Much of the media discussion around the 30th anniversary of the Berlin Wall's fall will focus on American military politics and the politicians of the time. But to truly understand why the Soviet system in Eastern Europe collapsed, we must look to Mises's pioneering work on economic planning.
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The IMF Wants the World to Embrace Sweden's Ineffective Carbon Tax

The EnvironmentGlobal EconomyTaxes and Spending

Blog11/06/2019

Despite the IMF’s claims to the contrary, the case of Sweden actually shows that a political “solution” to climate change is ineffective.

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The American Middle Class Isn't Disappearing — But it's Not All Good News

U.S. EconomyU.S. History

Blog11/05/2019

Middle-income households and workers haven't been disappearing. They've been moving into higher income levels, while the lowest-income groups have been getting smaller. But another recession could erase many of the gains made over 20 years.

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