Mises Wire

What Germany Must Do for a Speedy Recovery

Corporate WelfareEconomic FreedomTaxes and Spending

Blog07/07/2020

The German "stimulus" package does nothing to actually stimulate true economic growth. If German policymakers were smart, they'd be cutting taxes and spending, while abolishing regulations.

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The Market Economy Has Been Replaced by a "Fiat Economy"

Corporate WelfareMonetary PolicySocialism

Blog07/06/2020

We're now seeing an economic system where both supply and demand depend on government subsidies, handouts, and monetary schemes. This isn't a market economy.

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Europe's Bailouts Risk a Full-Blown Financial Crisis

Global EconomyMoney and Banks

Blog07/06/2020

Euro governments are planning to use the banking system for widespread bailouts in the wake of the COVID-19 shutdowns. This could bring about a new financial crisis.

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Private Defense in the History of Genoa

Decentralization and SecessionWorld History

Blog07/04/2020

The Republic of Genoa provides an example of how a small "state" managed to defend itself against much larger states using military resources that were overwhelmingly owned and controlled by private parties.

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The Social Consequences of Zero Interest Rates

Media and CultureMonetary PolicyCapital and Interest Theory

Blog07/04/2020

As Japan has shown, ultralow interest rates can greatly affect a society that was once impressively focused on innovation and investment.

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The Constitution Failed

U.S. HistoryPhilosophy and MethodologyPolitical Theory

Blog07/03/2020

The Constitution is a dead letter. The only way to save its ideals is to rebuild the ideology behind it—laissez-faire liberalism—from the ground up.

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Nozick and the Minimal State

Blog07/03/2020

Nozick tries and fails to show how a minimal state might justifiably arise from Rothbardian anarchy.

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The Problem with Measuring "Consumer Sentiment"

Other Schools of ThoughtPhilosophy and Methodology

Blog07/03/2020

Information on consumer sentiment is potentially helpful, but only insofar as sentiment reflects the reality of the economic situation.

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