Mises Wire

The High Price of a "Free Lunch"

Taxes and Spending

Blog09/06/2019

Most everyone dislikes being taxed to pay for government. So governments turn to borrowing and printing money. But those methods aren't really any less costly than taxation.

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The Coming Regime of the ECB: Radical Centrism

Money and BanksMoney and Banking

In Christine Lagarde and Philip Lane, the EU has two new central bankers who will push the limits of what central banks can do.

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The Rising Importance of the Austrian School to Entrepreneurs

The EntrepreneurEntrepreneurshipHistory of the Austrian School of Economics

Blog07/01/2019

There is a field where Austrians are being heard and where Austrian theory is tremendously influential, and that field is dynamic entrepreneurial capitalism.

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The Economic Recessions of the Late 1970s and Early 1990s

Booms and BustsFinancial MarketsU.S. History

Blog04/18/2019

The most characteristic feature of post-WWII business cycles is that they have originated in deliberately inflationary policies directed by central banks. 

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The Dangers of Government-Funded Artificial Intelligence

Blog03/30/2019

The risk of abusing human rights through AI technologies becomes greater the more AI research is funded or directed by government agencies.

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The Green New Deal Plus Modern Monetary Theory = Socialism

Bureaucracy and RegulationMoney and BanksTaxes and Spending

Blog03/05/2019

MMT boils down to government using its monopoly over money to dictate and control production, obliterate free markets, suppress private enterprise, and impoverish the people.

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The Ethics of Capitalism

From the ArchivesLegal SystemPhilosophy and Methodology

Blog02/14/2019

There is no justification for any lawful entrepreneur to feel any sense of guilt in appropriating the results of his or her creative activity.

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The Folly of Minimum Wage Laws

Blog02/14/2019

Wishing people had higher wages doesn't change the fact that it's impossible to make people richer by merely passing a law. Workers can only sustainably be paid more if they produce more. Fortunately, markets offer an answer to this problem.

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