Mises Wire

An Introduction to Virginia 2nd Amendment "Sanctuaries"

Legal System

Blog01/20/2020

Although the term “sanctuary” implies comparability to local jurisdictions that refuse to participate in the enforcement of some federal immigration laws, the similarities don’t go beyond the name itself.

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Virginia Is Only the Beginning

01/20/2020Power & Market

To a certain degree, the showdown in Virginia is really only superficially about guns. It represents the valid anxiety that has arisen as the state’s rural population finds itself increasingly powerless in the face of the rapidly expanding political power wielded by high population centers.

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What Will It Take to Get the Public to Embrace Sound Money?

Financial MarketsMoney and BanksMoney and Banking

Blog01/16/2020

If the small sample size of monetary history is any guide, the combination of asset market crashes and high goods inflation empowers sound money forces in the political arena. At the moment, neither of those factors are in play.

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Investors, Randomness, and Entrepreneurial Thinking

Financial MarketsMedia and CultureCalculation and Knowledge

Blog01/07/2020

It's possible for investors and entrepreneurs to make a lot of money in markets without understanding the economic theory behind their actions.

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War Has Become Another Frivolous Partisan Issue

01/06/2020Power & Market

The NPC-like script in responding to the attacks has been so on the nose that Vice President Mike Pence even tried to tie Soleimani to September 11 in a move that must have made Trump's attorney and frequent gaffe machine, Rudy Giuliani, proud.

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Why the US Wants to Lower Germans' Real Wages

Blog01/03/2020

The US government has placed sanctions on those who are building a natural gas pipeline from Russia to Europe.

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Defending the Miser

The EntrepreneurFree MarketsMedia and CultureMoney Supply

01/02/2020Mises Daily Articles
Hoarding is not even a very disruptive process, because for every miser stuffing money into his mattress, there are numerous misers' heirs ferreting it out. This has always been the case, and it is not likely to change drastically.
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What Is Capital?

Capital and Interest Theory

In order to expand production and increase productivity — and thus increase the standard of living — it is necessary to use capital. And so it makes sense to pay interest on capital lent, so as to encourage the maintenance and production of capital for the future.

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