Mises Wire

The Government Created 30-Year Mortgages to Make Housing Affordable. Today, Housing Is Becoming Unaffordable

Economic PolicyFinancial MarketsU.S. EconomyInterventionism

Blog51 min ago

Government intervened into home mortgages to subsidize home buyers and make home ownership more "affordable." As with most interventions, the results have backfired as home prices and mortgage rates skyrocket.

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Understanding Our Disharmony

AntipoliticsCronyism and CorporatismMedia and Culture

Blog5 hours ago

Ostensibly to combat "disunity," political elites have called for Americans to unite over the "public good." However, the policies these elites want to put into place are the very cause of disharmonies in the first place.

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Paul Krugman Blames Economic Pessimism on Partisanship. He’s Wrong.

Booms and BustsInflationMedia and CultureU.S. Economy

Blog12/04/2023

Paul Krugman has an easy answer for those that ask why people are pessimistic about the economy: the dastardly Republicans have fooled everyone. There are good reasons for the pessimism that we shouldn’t ignore, however.

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How Not to Desocialize: Argentina Edition

Economic FreedomPoliticsSocialismWorld History

Blog12/04/2023

While Argentina president-elect Javier Milei plans to privatize state-owned enterprises, there is a right way and a wrong way to privatize these entities. Murray Rothbard and Hans-Hermann Hoppe show the way.

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Ezra Klein's Progressivism Cannot Build Anything Socially Useful

LiberalismProgressivismSocialismU.S. Economy

Blog12/02/2023

Ezra Klein of the New York Times despairs of government’s impotence in building vast projects from energy grids to high-speed railways. He believes granting government absolute power is the answer.

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Review of: Deception: The Great Covid Cover-up

Big GovernmentLawThe Police StateU.S. History

Blog12/02/2023

While those that foisted the covid lockdowns and restrictions on the public are asking for “forgiveness,” Rand Paul is asking for the truth. Phil Duffy reviews Paul's book documenting governing elites' lies and cover-ups.

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Can Milei Really Shut Down Argentina's Central Bank?

Money and Banks

Blog12/02/2023

Argentina was a rich country made poor by socialism. It needs to abandon socialism to become rich again.

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What Would Mises Think? Austria Is Applying (Some) Austrian Economics

Bureaucracy and RegulationWorld HistoryAustrian Economics OverviewPhilosophy and Methodology

Blog12/01/2023

While Austria is not the free-market republic Ludwig von Mises hoped it would be, the country has made many steps in the right direction, freeing markets and protecting private property.

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