Mises Wire

American Socialism Isn't Marxism—but It's Still a Problem

ProgressivismMedia and CultureSocialism

Blog02/29/2020

To effectively counter this brand of American socialism, it is important to properly identify the problem, and to attack with precision.

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Abolish Government Schools

EducationCalculation and Knowledge

Blog02/24/2020

Even if it’s true that some wouldn’t be able to afford schooling without government financial assistance, the idea that this necessitates the government creating and running its own schools is a glaring non sequitur.

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After November Surge, Money Supply Growth Slows in December

The FedFinancial MarketsMoney Supply

Blog01/27/2020

During December 2019, year-over-year growth in the money supply was at 5.53 percent. That's down from November's rate of 5.9 percent, but was up from December 2018's rate of 3.90 percent.

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Argentina’s "Emergency Law" Just Means More of the Same

Monetary PolicyTaxes and Spending

Blog01/25/2020

Argentina is only going to prosper when it recognizes that its fiscal and monetary imbalances are not the fault of the citizens and their small businesses, but of the government.

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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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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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A Limited-Government Republic versus a National-Security State

War and Foreign Policy

Blog01/16/2020

What is a national-security state? It is a totalitarian-like governmental structure that consists of an enormous military-intelligence establishment with extraordinary powers, such as indefinite detention, torture, secret surveillance, and even assassination of both citizens and foreigners.

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