Mises Wire

Happy Hour May Be Getting a Little Happier

U.S. History

Blog08/28/2021

Ten states ban happy hour. These laws restrict the sale of alcohol at discounted prices during specially designated times. Unfortunately, many citizens regard these backdoor price controls as perfectly legit. 

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How the Fed Is Enabling Congress's Trillion-Dollar Deficits

Blog08/26/2021

While it is easy to think the Fed bases its policies primarily on economic science, it’s more likely that what actually concerns the Fed in 2021 is keeping interest rates low to facilitate huge amounts of deficit spending. 

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How Nixon and the Rockefellers Teamed Up to Destroy the Dollar

Money and Banks

Blog08/16/2021

In 1971, David Rockefeller favored a “new international monetary system with greater flexibility” and “less reliance on gold.” Seeing an opportunity to expand his own power, Richard Nixon enthusiastically embraced the scheme. 

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How Nixon and FDR Used "Crises" to Destroy the Dollar's Links to Gold

Money and Banks

Blog08/14/2021

In 1971, Nixon used a fiscal crisis to justify severing the dollar's last connection to gold. It was the same old story: "we must vastly expand government power because of a 'crisis.'" The government never gives up these new powers. 

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How the Federalists Bullied Rhode Island into Joining the United States

U.S. History

Blog08/03/2021

Even after countless threats of embargoes and other forms of aggression from the new imperialist USA, a shift of one vote would have defeated the Constitution in Rhode Island. It truly was a last stand that just barely failed.

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How Botswana Became the World's Fastest-Growing Economy

Global Economy

Blog07/17/2021

The risk of government expropriation of private property remained low, and Botswana rejected antiwhite reformist politics which destroyed capital in many other countries in the region. Economic success has been a result. 

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How a Marxist of Twenty-Five Years Became a Misesian Libertarian

Socialism

Blog07/06/2021

In the fall of 2016, I was a left communist. As any Marxist can tell you, ideology can blind one to the insights that might disrupt one’s political adhesions. Only it was Marxist ideology itself that blinded me.

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How Fiat Money Changes Culture

Money and Banks

Blog06/23/2021

The creation and enforcement of fiat money enables larger and more centralized government. Large government programs become possible that were not possible or sustainable under a market-chosen, sound money standard. 

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