Mises Wire

Is Economic Growth Synonymous with Ecological Destruction? The NYT Gets It Wrong (Again)

Economic PolicyProperty RightsSocialism

Blog7 hours ago

The New York Times recently interviewed economist Herman Daly, who insists that economic growth is economically destructive. There is much more to the story.

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If Mauritius is a Tax H(e)aven, Other African Countries Must be Tax Hells

Free MarketsSocialismTaxes and Spending

Blog7 hours ago

Elites are attacking the government of Mauritius for having lower tax rates than other African countries. The real issue is the levels of taxation in other African countries.

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Who Is Most Responsible for the Ongoing War in Ukraine?

War and Foreign Policy

Blog08/12/2022

While most people tend to see the Ukraine-Russia war as a current phenomenon, it is the continuation of what happened in Europe more than a century ago.

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Yes, Precolonial Africa Had Technology and Economic Life before Colonialism

The EntrepreneurWorld History

Blog08/12/2022

Like all other places, Africa has a more nuanced history than what people previously have believed. The continent was not devoid of technology before the advent of colonialism, as there were pockets of inventiveness and small-scale manufacturing.

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We Don't Believe You

PhilosophyPolitical Theory

Blog08/11/2022

Any political statement made today, by any politician or candidate, can be answered thus: "We don't believe you." 

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Thomas Piketty Wants to Bring Back Communism in the Guise of Democratic Socialism

Free MarketsSocialismCapital and Interest Theory

Blog08/11/2022

Thomas Piketty writes about equality and believes that reimposing communism in the West will achieve it. Mark Thornton disagrees.

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Africa Needs Conventional Fuels, Not Windmills and Solar Panels

Bureaucracy and RegulationFree MarketsProgressivism

Blog08/11/2022

Western elites are using Africa as their little laboratory for renewable energy schemes. Not surprisingly, these intitatives leave Africans in poverty and their economies in tatters.

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Low Interest Rates and High Taxes Won't Help against Inflation: The Economy Needs Savings and Real Investment

Central BanksHayekInflation

Blog08/10/2022

Now that inflation is the highest it has been in four decades, the monetary authorities are trying one trick after another. Only ending artificially low interest rates will help.

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