Mises Wire

The Limits of Economic Calculation

Calculation and KnowledgeValue and Exchange

Blog9 hours ago

It is possible to determine in terms of money prices the sum of the income or the wealth of a number of people. But it is nonsensical to reckon national income or national wealth.

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Fed Nominee Judy Shelton Wants Sound Money — and Lots of It

Money and BanksMoney and Banking

Blog11 hours ago

Judy Shelton may be a tolerable—at least to Republicans—candidate for Federal Reserve Board of Governors.

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A World Without Entrepreneurs

Free MarketsWorld History

Blog01/21/2020

Entrepreneurs are the reason consumers have come to expect new gains and innovations in products and services every year. Without entrepreneurs, we'd still be using rotary phones.

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Hans Hoppe in Arabic

01/21/2020Power & Market

 Two books by Hans Hoppe have been translated into Arabic and are attracting a wide audience.

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How to Avoid Secular Stagnation

Booms and BustsMoney and Banks

Blog01/21/2020

In order to remove the threat of secular stagnation what is required is to shrink government outlays and to close all the loopholes for the creation of money out of thin air.

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The Libertarian Legacy of the Old Right: Democracy and Representative Government

U.S. HistoryPolitical Theory

01/20/2020The Journal of Libertarian Studies
What is the relationship between libertarianism and democracy? This article unveils a well-consolidated tradition of criticism of democracy within libertarian political philosophy.
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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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Are Housing Markets Still Clearing Out the Trash of the Last Bust?

Booms and BustsFinancial Markets

Blog01/20/2020

Many mortgages have not just been modified once, but twice, and sometimes more. Loan servicers are holding higher-end mortgages rather than foreclosing a decade after the crash. Thus, there is plenty of shadow inventory lurking, waiting for the next crash.

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