Mises Wire

Misunderstanding Mises, Again

SocialismPraxeology

Blog11/02/2022

After praising Mises for his work on socialism, Tyler Cowen goes on to claim Human Action is "cranky and dogmatic." "Brilliant and insightful" would have been more truthful.

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Clausewitz, the UN Charter, and a Libertarian View on War

War and Foreign Policy

Blog11/01/2022

Modern warfare is a product of the state, which engages in violence at home and abroad. Peace is possible, but only when the state loses power.

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The Petrodollar-Saudi Axis Is Why Washington Hates Iran

Financial MarketsWar and Foreign Policy

Blog11/01/2022

The Ponzi game known as selling US government debt is nearing its end. The seller is running out of suckers.

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Rothbard on Gold

HayekGold StandardMonetary Theory

At a time when inflation once again ravages the dollar, we recall Murray Rothbard's wisdom in his article "The Case for a Genuine Gold Dollar."

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Changing of the Guard: Can Musk Deliver on His Promises for Free Speech and Information?

AntipoliticsBig GovernmentCronyism and CorporatismStrategy

Blog10/31/2022

While Elon Musk says he will bring free speech back to Twitter, the forces of statism will not be still. The jury is out on how successful Musk's experiment will be.

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Can a Free Market Economy Be Trusted to Recover on Its Own?

The FedBusiness CyclesInterventionism

Blog10/31/2022

As the economy moves into recession, government and Fed officials will increase intervention. If they want an economic recovery, the best course is to permit free markets to work.

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About That Nobel: Deconstructing Banking Theories of Diamond and Dybvig

The FedMoney and BanksMoney and Banking

While much attention has been directed toward Ben Bernanke's Nobel, the banking theories of Nobel winners Douglas Diamond and Philip Dybvig also need a second look.

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