Mises Wire

The End of Civilization?

Global EconomyU.S. Economy

Even if the COVOID-19 virus turns out to be more severe than the skeptics give us reason to think it is, we can get through it. We cannot survive the end of the division of labor. It would be the finish of civilization as we know it.

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The Fight for Liberty and the Beltway Barbarians

Strategy

Blog02/07/2020

Are we emphasizing “the negative”? In a sense, yes, but what else are we to stress when our values, our principles, our very being are under attack from a relentless foe?

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The Deception behind Government Licensing Laws

Bureaucracy and RegulationCronyism and CorporatismInterventionism

Blog01/18/2020

How much licensing requirements are designed to “protect” the health of the public, and how much to restrict competition, may be gauged from the fact that giving medical advice free without a license is rarely a legal offense. Only the sale of medical advice requires a license.

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The Many Ways Governments Create Monopolies

Bureaucracy and Regulation

Blog01/11/2020

Since outright grants of monopoly or quasi-monopoly would usually be considered baldly injurious to the public, governments have discovered a variety of methods of granting such privileges indirectly, as well as a variety of arguments to justify these measures.

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The State as a Voluntary Institution: A Critique

Blog09/30/2019

We often hear that various government policies are justified because "the people want" this or "we want" that. This belief assumes that dissenting minorities don't matter at all. "We want" is usually nothing more than rank majoritarianism.

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The Difference Between "Business Fluctuations" and a Recession

Booms and Busts

Blog09/24/2019

Business owners have always made errors, and external factors can lead to economic crises of various sorts. But the cyclical pattern of booms and busts we now see are a result of government interventions not seen in a free marketplace.

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The Meat-Packing Myth

Bureaucracy and RegulationU.S. History

Blog09/19/2019

There is a myth that Progressive humanitarians agitated for meat-packing regulations which now protect us from disease. The reality is that the big meat packers themselves wanted regulation to help crush the competition.

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The Myth of "Economic Power"

Blog09/07/2019

“Economic power,” then, is simply the right under freedom to refuse to make an exchange. Every man has this power. Political power, on the other hand, is something very different.

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