Mises Wire

What Mayan Civilization Can Teach Us about Secession and Decentralization

World History

Blog01/10/2022

Thanks in part to the decentralized nature of Mayan civilization, it was much more difficult for the Spaniards to conquer the Mayas than the Aztecs and Incas.

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2022: The Year of the Hangover?

U.S. Economy

Blog01/10/2022

Twenty twenty-one was the year of binge spending. Twenty twenty-two is likely to be a hangover.

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The Federal Reserve Keeps Buying Mortgages

Blog01/08/2022

The Federal Reserve now owns $2.6 trillion in mortgages. That means about 24 percent of all outstanding residential mortgages in this whole big country reside in the central bank.

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America's Legitimacy Crisis Heats Up

U.S. History

Blog01/08/2022

The Washington class could miscalculate and use force against the "deplorables." And if it reaches that point, the veneer of democratic legitimacy will be erased.

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Bimetallism, Gresham's Law, and Coinage

Blog01/07/2022

There was truth in the war-cry of the bimetallists that a "crime against silver" had been committed; but the crime was really the original imposition of bimetallism in lieu of parallel standards. 

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Equality and Fairness for All but Property Owners

U.S. History

Blog01/07/2022

Since discrimination in any form is not aggression, force, coercion, violence, or threat, it should never be considered a crime.

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Ending Fiat Money Won't Destroy the State

Money and Banks

Blog01/06/2022

When we ask ourselves the question, “Can states survive without fiat currency?” the answer is clearly yes.

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Chile's New President Threatens the Nation's Market-Driven Prosperity

World History

Blog01/06/2022

Gabriel Boric is no friend of free trade, low taxes, or markets in general. Yet these policies are what made Chile the most prosperous country in South America.

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