Mises Wire

What Have We Learned? Lessons from America’s Great Depression?

Book ReviewsBooms and BustsAustrian Economics Overview


“America’s Great Depression” serves as a reminder that a brighter future where these missteps are recognized and no longer pursued, is in fact possible.

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Why Biden's Spending Is Unsustainable

Cronyism and CorporatismDemocracyEconomic PolicyProgressivismTaxes and SpendingU.S. Economy


It's popular for politicians to claim they will never cut Social Security. But doing nothing now about the program means imposing an even larger hit on seniors in the future. 

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What Would Happen If American Elites Told the Truth?

Media and CulturePolitics


Lying by elites that control our nation's institutions has become so commonplace that now we only can dream and fantasize about what might happen if someone in those places told the truth.

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We Are All Counterfeiters Now

The FedInflationKeynesMonetary Policy


Get beyond the PhDs running the Federal Reserve or the way people treat the Fed with deference. In the end, it is nothing but a legal counterfeiting ring.

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When Military Strategy Ignores Economics: The Sad Story of Rear Admiral Alfred Thayer Mahan

War and Foreign PolicyWorld History


Do military leaders really understand economics and, especially, do they understand the devastating effect war has on peaceful economies? Certainly, not enough of them understand economics.

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Why You Should Fear "Bipartisan" Agreements in Congress

Cronyism and CorporatismPoliticsStrategy


When we see real bipartisan action in Congress, it usually is for the worst.

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Why Madison and Hamilton Were Wrong about Republics

U.S. HistoryWorld History


The authors of the Federalist Papers claimed a strong central government was needed because republics are prone to "anarchy." The Dutch and Swiss examples show they were wrong. 

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Why Ron Paul Is Right

U.S. HistoryWorld History

How has Ron managed to be right so often? He is a brilliant expositor of basic Rothbardian principles about the free market and a noninterventionist foreign policy.

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