Mises Wire

Authoritarianism Is Not Compatible with Economic Progress: Freedom Is Indivisible

Economic FreedomThe Police StateU.S. History


The belief that a free market economy needs an authoritarian state to support it is mistaken. Mises said it best when he wrote that "freedom is indivisible."

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Austerity: A Real Solution to Help Heal the US Economy

Bureaucracy and RegulationEconomic PolicyU.S. Economy


Economists like Paul Krugman have claimed that practice of austerity in government would damage the US economy. As Mark Thornton points out, the opposite is true: austerity works.

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And So It Begins: Digital Currency Becomes Possible in our Future

Monetary PolicyU.S. EconomyMoney and Banking


While monetary authorities and progressives would like to have a digital currency implemented, it is a backward step for monetary freedom.

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As the Pentagon Fails Another Audit, Congress Wants to Spend Even More on "Defense"

Taxes and SpendingU.S. EconomyU.S. History


America's military technocrats (a.k.a. "generals") specialize in losing wars and also losing your money. Naturally, Congress wants to give them even more taxpayer cash.

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An Economist Examines US Foreign Policy and Finds It Wanting

LiberalismProgressivismWar and Foreign Policy


Economist Christopher Coyne of George Mason University uses economic logic to expose the follies of militaristic US policies overseas.

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As Easy Money Crashes, the Political and Legal Effects Appear

Financial MarketsInflationMedia and Culture


As inflation ravages the economy, easy money is disappearing, with political and legal consequences to follow.

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A (True) Thanksgiving Tale of Socialism in America and Israel

Free MarketsSocialismU.S. HistoryWorld History


The Pilgrims tried socialism at Plymouth. After two years, they returned to private enterprise. Likewise, Israel was founded as a socialist state but has back turned toward free markets.

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After Years of "Stimulus" Come Surging Debt and Falling Wages

U.S. History


For all the positive talk, Americans are piling on more debt just as real wages are falling, job losses are mounting, and debt costs are rising. Thanks, Fed! 

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