Mises Wire

Walter Williams: An Unlikely Proponent of Secession

U.S. History


Now is not the time to pine for the days of agreeable politics. In recent decades, the US has gone through radical political and cultural transformations that are making the country progressively ungovernable. 

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Why the 2020s Won't Be like the Roaring 20s

World HistoryMoney and Banking


The 1920s featured political détente, debt liquidations by prior consumer price inflation, an introductory stalling of monetary inflation, a German economic miracle, and a broad-based technological revolution. The 2020s have none of these. 

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Why the Corporate Paradox of Thrift Isn't Really a Problem

Money and BanksMoney and Banking


Corporate cost cutting sets the stage for future gains in profitability and productivity, and there is no resulting "paradox of thrift" requiring easy money policies to "fix" the problem. 

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What Should the West Rally behind? Not the State.


In his new book, conservative author R.R. Reno thinks that openness is not a strong enough principle for a society to rally behind. Unfortunately, his answer is to get behind the state.

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Why It's Important to Make the Moral Case for Capitalism

CapitalismMedia and CulturePhilosophy and Methodology


Yes, capitalism is more efficient than socialism, but to build a compelling argument for free market capitalism, defenders of liberty must also articulate that it is a superior moral system.

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Why the Marketplace Is Not a Zero-Sum Game

CapitalismMedia and Culture


Market progress through entrepreneurship and innovation means increased production. In a world of scarcity, that benefits all of us in society. That makes it a positive-sum game.

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Why People Don't Trust Pfizer's Covid Vaccine.

Bureaucracy and RegulationCronyism and CorporatismHealth


Why are so many people afraid of vaccines from Big Pharma? It might be because these companies have given the public many reasons to be skeptical of them and their products. 

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What Is the Great Reset? Part I: Reduced Expectations and Bio-techno-feudalism

Big Government


In terms of governance, the Great Reset means increasingly centralized, coordinated, and expanded government and “governmentalities,” the convergence of corporations and states, and the digitalization of governmental functions.

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