Mises Wire

Why So Many Scholars Are Wrong About Consumer Psychology

EntrepreneurshipOther Schools of ThoughtValue and Exchange

Blog12/19/2019

The idea that people are driven by fear of losses more than they are by the potential for gain has attained a sort of dogmatic adherence among behavioral economists. But there's a problem: the theory isn't true.

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That Which Is Seen, and That Which Is Not Seen

Legal SystemPhilosophy and MethodologyPolitical Theory

12/18/2019Articles of Interest
In the department of economy, an act, a habit, an institution, a law, gives birth not only to an effect, but to a series of effects.
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Bad Capitalism and Good Socialism

12/17/2019Power & Market

The real question is whether each is based in liberty or coercion.

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Some Fundamental Differences between Ludwig von Mises and Nassim Taleb

Philosophy and Methodology

Blog11/30/2019

Taleb maintains he’s a statistically-oriented orthodox economist. But I don’t think he understands what people mean by “orthodoxy.”

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When Nassim Taleb Channels Ludwig von Mises

Philosophy and MethodologyValue and Exchange

Blog11/28/2019

Jeff Deist pithily describes Taleb’s prose as “Rothbard meets Hayek.” But Taleb shares some ideas in common with Ludwig von Mises as well.

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The Hidden Link Between Fiat Money and the Increasing Appeal of Socialism

Money and Banking

Blog11/27/2019

The psychological impact of a lifetime within a fiat money economy cannot be underestimated. With more wealth seemingly available at the click of a computer button, refusal to spend more on government programs must stem only from cruelty and greed.

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Sound Money Is Our Best Hope Against the Monopolists' Threat

Money and Banking

Blog11/25/2019

Inflationary monetary policy is driving markets toward ever larger and more monopolistic firms that dominate the marketplace.

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Second Amendment Sanctuaries: Rhetoric vs. Reality

Blog11/25/2019

Most of the resolutions passed by local governments in the name of "second amendment sanctuary" efforts don't actually do anything.

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