Mises Wire

Carl Menger Explains the Nature of Goods

Value and Exchange


Menger's contribution is famous beyond Austrian economics, because it was one of the fundamental works of the subjective value theory and of marginal analysis. 

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Can the Dollar Survive Both Cryptocurrencies and China?

Money and Banks

The outcome of today's currency race is uncertain. The credibility of the leading fiat currencies has suffered substantially. Their instability has fueled crises and weakened growth, so the demand for an alternative store of value is high. 

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Can the Lightning Network Lead to "Hyperbitcoinization"?

BitcoinMoney and Banking


Just as the internet needed web browsers before it could really change the world, Bitcoin needed user-friendly interfaces to grow beyond money and towards being the base layer—the “rails”—for decentralized services built on Bitcoin alone.

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Canada's Alcohol Laws Are Stuck in the Past

Bureaucracy and Regulation


Alcohol sales in Ontario are stuck in a morass of price-fixing and other government controls. 

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Can Economics Save Medicine?



Medicine is absolutely poised for incredible entrepreneurial breakthroughs which will revolutionize not only the practice and delivery of medicine, but how we think about health altogether.

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Central Banks See No Way out of the Low Interest Rate Trap

Money and Banks

The last time a major central bank knowingly tried to end a low-rate policy regime occurred in Japan in the late 1980s. Since then, no central banker has wanted to repeat this unhappy experience.

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Canadian Secession: Then and Now

World History


Just as Canada had the right to secede from Britain, so too do the provinces and territories have a right to secede from Canada. Today, secession may be Alberta’s remedy against the Canadian regime's abuses.

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China's New Pandemic: A Bond Default Crisis


As the world’s second-largest economy attempts to return to its precrisis glory days, Beijing could potentially deal with a new pandemic that could have a sweeping effect on financial markets at home and abroad: a bond default crisis.

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