Mises Wire

Pennsylvanians May Amend Constitution to Stop Endless Lockdowns

Bureaucracy and RegulationDecentralization and SecessionLegal System

Blog02/15/2021

Not only will these amendments reduce the abuse of emergency declarations, but they will also help to decentralize power within Pennsylvania. While covid has allowed the executive branch to run wild, Pennsylvania is actually structured in a way that makes the decentralization of power easier.

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Why Hazlitt Opposed the Bretton Woods System

U.S. HistoryGold StandardMoney and Banking

That Bretton Woods was called a gold standard was an exercise in obfuscation. It happened for the same reason that NAFTA was called free trade. The state has long used the language of the market economy as a plow to push through its opposite.

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George Will's Tepid Defense of Freedom

Book ReviewsDemocracyPolitical Theory

Blog02/13/2021

With his latest book, George Will has inched back toward his libertarian roots. But he is still far too enamored of the Tory paternalism that has long infected his work. 

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State-Mandated Vaccines Are a Moral Minefield

HealthPraxeology

Blog02/13/2021

Forcing one person to take medication or vaccines for the benefit of another person is directly opposed to basic notions of self-ownership and human rights. 

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In the Culture War, Conservatives Turn against Wall Street

Financial Markets

Blog02/12/2021

For conservative populists, Wall Street now is the Washington establishment, indistinguishable from the oligarchs of Silicon Valley; Washington, DC; and the New York Times.

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Populism May Be on the Rise Again in Europe

Global Economy

Blog02/12/2021

Populist parties have yet to score definitive victories in either the US or in Europe. But these groups aren't going away, either. 

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The World Needs a Gold-Backed Deutsche Mark

Money and BanksWorld HistoryGold Standard

Blog02/12/2021

Reinstating the mark, a peaceful act by a sovereign country, would create a cascade of monetary reform throughout the world. Europe's trading partners would find the cost of necessary imports rising in terms of their local currencies, forcing them to adopt fiscal and monetary responsibility.

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The Depression of the 1780s and the Banking Struggle

U.S. History

Blog02/11/2021

In an unhampered market, there is no such thing as "excess" consumption of imports. But thanks to the creation of monopoly banks like the Bank of North America, an inflationary expansion of bank credit led to an artificial expansion of imports.

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