Mises Wire

Central Planning by Business Is Not the Same as Central Planning by Government

Socialism

Blog03/24/2021

Electing better planners won't make socialism work. Central planning fails because planning without the feedback mechanisms of the market is an impossible task.

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The Border Crisis Is the Latest Example of Government "Efficiency"

Bureaucracy and RegulationTaxes and Spending

Blog03/24/2021

Government revenues are outpacing population growth, yet government agencies can’t seem to carry out even the most basic functions. The solution? More tax revenue and bigger budgets! 

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Money Isn't Neutral: Why Economic Stabilization Schemes Are Counterproductive

Booms and Busts

Blog03/24/2021

To foster economic recovery, we do not need "stability." What we need is an environment of freely changing prices, even if price changes are frequent and substantial. Only this call allow markets to respond to consumer needs. 

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The Western Lands and Foreign Policy in the Early Republic

U.S. History

Blog03/23/2021

As one settler put it, "All mankind … have an undoubted right to pass into every vacant country, and to form their constitution, and … Congress is not empowered to forbid them." Unfortunately, Congress had good reasons not to acknowledge this.

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Opposition Builds to the F-35 Program's Runaway Costs

Taxes and SpendingWar and Foreign Policy

Blog03/23/2021

The reliability and service life of the F-35 were greatly exaggerated in earlier reports. Now the aircraft is looking like an even bigger boondoggle than before. 

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Victim-Centered Justice Throws Black Men under the Bus

Legal System

Blog03/23/2021

By embedding victim-centered justice in law, lack of due process will become institutionalized. The burden of this will fall on men, and in particular black men.

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Why Envy Can Destroy Economic Progress

Blog03/22/2021

In some cultures, entrepreneurial achievement and capital accumulations are viewed with high levels of suspicion and envy. This can be disastrous for economic progress. 

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The Everything Bubble: How A Debt-Driven Economy Creates More Frequent Crises

Booms and Busts

Blog03/22/2021

For decades, demand-side policies showed diminishing but not lethal results, but now the world has repeated the same policies so many times that there is simply exhaustion.

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