Mises Wire

NATO's Great New Idea: "Let’s Start a War with China!"

U.S. HistoryWar and Foreign Policy

Blog05/10/2023

Last week NATO announced that it will open its first-ever Asia office in Japan. What next, NATO membership for Taiwan?

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Is There an Optimum Growth Rate of Money?

InflationMonetary PolicyInterventionismMonetary TheoryMoney and Banking

Blog05/10/2023

Monetarists believe there is an optimum growth rate of money. However, a fiat money system itself is unstable, so there is no optimum growth rate.

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Socialism, Minority Groups, and Personal Liberties

Media and CultureProgressivismProperty RightsSocialism

Blog05/09/2023

People from socially and economically marginized groups in the USA tend to support socialism. Yet socialists have a long and bloody history of suppressing these very groups.

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The New Immigration Bill Is a Trojan Horse for E-Verify and Is a Threat to All Americans

Bureaucracy and RegulationLabor and WagesU.S. History

Blog05/09/2023

A new bill being sold as an "immigration control" measure is really a vast expansion of the federal regulatory and surveillance state known as "E-Verify."  The potential for abuse is enormous. 

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Did Tucker's Last Major Guest Lead to His Firing?

AntipoliticsDemocracyMedia and CulturePoliticsThe Police State

Blog05/09/2023

Tucker Carlson has rankled the ruling elites for many years. But was his interview with Robert Kennedy Jr. a bridge too far?

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Comprehensive Reform versus Piecemeal Reform

Decentralization and SecessionDemocracyHayekPoliticsU.S. History

Blog05/09/2023

Should political reform be the result of a much-discussed comprehensive plan? Or should it come about through decentralized decision-making that deals with the situations at hand?

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The Fed Is Overindebted, Isn’t It?

Economic PolicyThe FedMoney and BanksStrategyU.S. Economy

Blog05/08/2023

By any conventional measures of finance, the Federal Reserve has negative equity. In the long run, cooking the books only puts off the day of reckoning.

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Was Japanese Colonialism the Engine of Later Prosperity for Korea and Taiwan? Probably Not

CapitalismThe EntrepreneurWorld History

Blog05/08/2023

While Japan made some technological transfers to these places, prosperity came to them later, with the advent of free-market economies.

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