Mises Wire

Peaceful Market Exchange—Not Politics—Harnesses the Value of Diversity

Free MarketsMedia and CultureProtectionism and Free Trade

Blog01/22/2020

Whether diversity is a social benefit depends on whether it creates excuses to fight each other for special treatment. Politicizing our differences is far more likely to make diversity a source of conflict.

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Post-Mugabe Zimbabwe Still Faces a Host of Economic Problems

Cronyism and CorporatismPovertyWorld History

Blog01/09/2020

Nothing short of an economic exorcism is needed in Zimbabwe. Looking at what President Mnangagwa has done so far, it doesn’t seem that Zimbabwe is actually serious about making tough reforms.

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Private Property

Free MarketsHistory of the Austrian School of EconomicsPrivate PropertyProduction Theory

01/07/2020Mises Daily Articles
Private ownership of the means of production is the fundamental institution of the market economy. It is the institution the presence of which characterizes the market economy as such. Where it is absent, there is no question of a market economy.
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Paul Volcker: The Man Who Vanquished Gold

The FedMoney and BanksU.S. History

Blog12/19/2019

Mr. Volcker certainly deserves credit for curbing the Great Inflation of the 1970s. However, he also merits a lion’s share of the blame for unleashing the Great Inflation on the US and the world economy in the first place.

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Private Ownership: A Must

Private Property

Blog11/28/2019

If capitalism did not exist, it would be necessary to invent it — and its discovery would be rightly regarded as one of the great triumphs of the human mind.

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Politicians Want Thanksgiving To Be Political. Ignore Them.

Media and CultureU.S. History

Blog11/27/2019

Thanksgiving started out as a terribly political holiday. But it has gotten better with age as more people have been interested in beer and football than in politics.

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