Mises Wire

Argentina's Faux "Neoliberalism"

Blog10/02/2019

In Argentina’s case, it seems that old political habits of anti-capitalist policy die hard. So, no matter who ends up winning the presidency in October, the Argentine people are set to lose.

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A Flawed History of Doom

Booms and Busts

Blog09/30/2019

Richard Vague's new book on financial crises repeats many old myths about economic booms, while failing to understand the role of malinvestment and central banks.

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A "Bronze Age Mindset" Won't Save Us From Leviathan

Media and Culture

Blog09/27/2019

“It’s been evident for a while that conventional conservatism no longer holds much purchase with large swaths of the under 40, and especially under 30, crowd. Tax cuts, deregulation, trade giveaways, Russophobia, democracy wars, and open borders are not getting the kids riled up.”

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Artificial Intelligence and Super-Powered Economic Errors

Global Economy

Blog09/23/2019

Kai-Fu Lee’s new book AI Superpowers offers many insights into the development of of AI, but too much of the book is spent chasing economic phantoms.

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August Money-Supply Growth Rate Falls to 12-Year Low

Money Supply

Blog09/19/2019

The money supply growth rate fell in August, dropping to a 150-month low.  To find a lower growth rate, we need to go back to August 2007, when the rate was 1.59 percent.

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A More Sane Alternative to Government Prisons

Legal System

Blog09/06/2019

A truly effective criminal justice system would be built on restitution, not imprisonment and punishment. Moreover, government-funded prisons have no incentive to rehabilitate prisons since they receive funding regardless of outcomes.

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Austrian Business Cycle Theory, the Inverted Yield Curve, and the Coming Recession

Financial MarketsU.S. EconomyBusiness Cycles

09/03/2019Audio/Video
Bob Murphy discusses the Mises-Hayek theory of the boom-bust cycle, and explains the predictive power of an "inverted yield curve".
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A Rothbardian Take on Negative Interest Rates

Money and BanksMonetary TheoryMoney and Banking

Blog08/19/2019

Joe Weisenthal is questioning whether people should be able to deposit their money in a checking account and be paid interest on it — Rothbardians have been saying that for decades. 

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