Mises Wire

Will the Next "Skyscraper Curse" Be Found in the Digital World?

U.S. Economy


Our largest skyscrapers exist no longer physically, but in a world of ones and zeroes. The most groundbreaking technology projects springing from malinvestment may be digital the next time around.

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Why Biden's Vaccine Mandate Hasn't Delivered the Promised Results



What would the effect of a 100 percent vaccination rate be on the virus? Contrary to claims, the virus will not disappear. The next outbreak would occur within a year with 100 percent breakthrough cases with a vaccine-resistant strain.

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Why There Is No Free Lunch

Book Reviews


"You do not exploit people by offering them jobs, even if you could have made them an offer they would have found even more desirable."

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What "Inflation" Really Means

Money and Banks


When it comes to both monetary and fiscal policy, sloppy definitions of inflation drive sloppy policymaking.

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Why China's Property Bubble Is a Big Deal


China’s real estate problems are three: the massive size of the sector, its excessive leverage, and the amount of developer debt in the hands of average households and retail investors.

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Will Hungary and Poland be the Next Victims of US/EU Regime Change?


Not even the US’s ostensible allies can escape. NATO members Hungary and Poland were called "totalitarian regimes" by Biden because the two countries have run afoul of the West's ruling elite.

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Why Mises Rejected Common Notions of "Progress"


"It is not true that the masses are always right … ‘Belief in the common man’ is no better founded than was belief in the supernatural gifts of kings, priests, and noblemen.”

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Where Does Social Order Come From? Not the State.


The more an economy is centrally planned, the more chaotic are the relationships within it. The freer people are to make their arrangements in the market, the more coordinated things become.

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