Mises Wire

We Can Have Low Interest Rates Or Robust Growth. But Not Both.

Money and Banks

Blog8 hours ago

You can have strong growth, or you can have negative interest rates with low bond yields. You can't have all at the same time. 

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Salazar: The Dictator Who Refused to Die

World History

Blog07/24/2021

"I doubt whether there is today in any democracy … personal liberty as well secured as it was then in Portugal.”

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Democracy's Road to Tyranny

DemocracyPolitical Theory

The popular pastime of modern democracies of punishing the diligent and thrifty, while rewarding the lazy, improvident, and unthrifty, is cultivated via the State, fulfilling a demo-egalitarian program based on a demo-totalitarian ideology.

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As the Fed Powell Continues to Flail, Could an MMT Fed Chair Be Next?

The FedMoney and Banking

Blog07/23/2021

Could progressive pressure, mixed with escalating economic pressure, push White House decision-makers to replace Jay Powell with an advocate of MMT?

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Forced Vaccinations in France Bring Both Repression and Protest

World History

Blog07/22/2021

Macron says vaccines are not compulsory for the general public for now, but they are essentially required for anyone who wants to live a normal life. 

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Getting to Galt's Gulch: Everyday Secession

Decentralization and SecessionStrategy

Blog07/22/2021

For the libertarian, the way forward is not joining in left-right political boxing matches, but secession. The success of libertarianism is independence from the state’s influence.

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Portrait of an Evil Man: Karl Marx

World HistoryOther Schools of Thought

Destructive ideas almost unavoidably derive from a destructive and—in the case of Marxism—rather repulsive person.

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Why Are Thieves Stealing So Many Catalytic Converters?

Global EconomyU.S. Economy

Blog07/21/2021

US car owners are being preyed upon by thieves, because South African mine owners are being preyed upon by their government. 

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