Mises Wire

Social Security Is a Terrible "Investment"

Taxes and Spending

Blog02/17/2020

Social Security has been a money-losing mess for decades, and it's a major drain on private sector saving and investment.

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China's Economic Schemes Hurt the Chinese Most of All

Free MarketsGlobal EconomyProtectionism and Free Trade

Blog02/12/2020

Like Trump, I want China to stop manipulating its economy. But not for the same reasons Trump does.

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The Economy Is Not a Factory—Nor Should We Try to Make It One

The EntrepreneurCalculation and KnowledgeEntrepreneurship

Blog02/08/2020

The economy is not primarily about the adjustment of capital investment across industries and firms, but about the determination of which industries and types of production will exist—and who will be involved in this future production.

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The Quality of Money

Monetary TheoryValue and Exchange

02/07/2020Quarterly Journal of Austrian Economics
Much has been written about the quantity of money and its effects on money’s purchasing power, but the quality of money has been neglected.
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Intellectual Property: Innovation Should Serve Consumers, Not Producers

Protectionism and Free TradeEntrepreneurship

Blog02/06/2020

Innovations aren't very useful unless they serve consumers in the marketplace. Otherwise, we're pursuing innovation for its own sake, and that isn't progress.

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The State of the Union: An Annual Reminder of Inevitable Default

02/05/2020Power & Market

The political equivalent of Crystal Pepsi, Donald Trump and the Republican Party have given up their long-standing façade of budgetary restraint.

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Protectionism Is Not the Answer to the Canadian Fur Trade’s Problems

Free MarketsProtectionism and Free Trade

Blog01/29/2020

The North American fur trade is in decline. Unfortunately, many think that the solution is for the government to step in to “protect” trappers from market competition.

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Mises the Decentralist Hero

StrategyPolitical Theory

01/28/2020Audio/Video
Opposition to decentralization in government often arises out of fear. Most people have been indoctrinated into the idea that a large centralized state can better prevent bad things from happening.
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