Mises Wire

Economic Busts Can Happen in a Free Market. But Central Banks Make Things Much Worse.

Business Cycles

Blog09/14/2019

The length, scale, and scope of such downturns are greatly expanded under a system of fiat credit expansion.

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Rothbard and War

War and Foreign Policy

Those who believe in the free and unhampered market economy should be especially skeptical of war and military action. War, after all, is the ultimate government program.

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Robby Soave: Breaking the Real Story on the Covington Students

Media and Culture

08/26/2019Audio/Video
Bob Murphy and Robby Soave discuss the corporate media.
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Real Savings Are the Key for Economic Growth

Money and BanksMoney and Banking

Blog08/22/2019

Loose monetary policy can appear to work so long as real wealth is expanding. But money expansion weakens wealth creation over time, eventually leading to slower growth, lost wealth, and economic busts.

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Richard von Strigl on Subjective Value

Blog08/08/2019

Economic valuation, as such, is only meaningful when related to the possible employments of an economic good, and such employment can only be carried out by acting human beings.

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Recycling: Wasting Resources While Claiming to Conserve Them

Bureaucracy and RegulationValue and Exchange

Blog08/02/2019

Recycling isn't free. It requires the use of time and resources, many of which end up wasted. But politicians keep insisting that recycling is always a win-win, even though we have many examples to the contrary.

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Robots Ready to Scoop Ice Cream Jobs

Blog08/02/2019

As Murray Rothbard so rightly put it, minimum wage laws translate into “compulsory unemployment.” They don't provide any jobs. They only outlaw them.

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Rothbard on Our Debt to Society

07/26/2019Power & Market

Robert Nozick's point that we cannot be taxed on the grounds that we are in part 'social products' is taken from  Murray Rothbard's Power and Market.

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