Mises Wire

Martial Law Was Not a Political Panacea for the Philippines

Bureaucracy and RegulationThe Police StatePolitical Theory

The likely election of Ferdinand Marcos Jr. as the next president of the Philippines might create nostalgia for the martial law his father declared as president. Martial law, however, holds no promise for a thriving economy.

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Money and Savings Are Not the Same Thing

Money and Banks

Blog02/16/2022

Saving is not about never consuming things. Rather, saving enables us to devote more resources to growing wealth now for the purpose of consuming more in the future. 

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Mises and the German Neo-liberals

World History

Blog01/13/2022

In the cold light of economic reasoning, we can see that the Marshall Plan was in essence a scheme for postponing the bankruptcy of socialism and the welfare state.

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Money and Banking in the US after the Crises of the 1970s and '80s

Money and Banks

Blog01/13/2022

In its effort to patch together a working financial system out of postwar crises, the Federal Reserve would wildly exceed its mandate, flooding the world with dollars.

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Money and Banking after World War II: A Study in Extremes

World History

Blog01/12/2022

Any discussion of money and banking in the United States post-1945 starts with introducing its two central features: the Bretton Woods System and the New Deal.

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Mandatory Holidays Mean Less Freedom and Flexibility for Workers

Bureaucracy and RegulationLabor and Wages

Blog12/28/2021

Workers should have the freedom to take their time off when they need it most. Official government holidays don't actually mean more time off. They just mean less flexibility.

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My Favorite Antiwar Protest: A Time of Mounted Park Police and "Free Speech Zones"

U.S. HistoryWar and Foreign Policy

Blog12/21/2021

The antiwar movement had been comatose for five years, ever since Obama ascended into the White House. But the potential of a new war in Syria revived moribund activists.

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Money Supply Growth Is Slowing—That Points to a Slowing Economy

Money and Banks

Blog12/08/2021

Easy money monetary policy only serves to weaken and destroy savings and investment. And that means weaker future economic growth. 

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