Mises Wire

Government Debt Is Not Like Private Debt

Booms and BustsThe FedMoney and BanksTaxes and SpendingMoney and Banking

12/08/2015Mises Wire
Opponents of austerity have come out to denounce the idea that it’s bad for governments to borrow. They note that there are benefits to borrowing. The distinction they fail to make is that there’s a big difference between private borrowing and government borrowing.
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Gun Control: Fashionable Prohibition for Modern Lawmakers

Legal SystemU.S. HistoryValue and Exchange

10/09/2015Mises Wire
Statistically, alcohol abuse causes far more death, violence, injury, and disease than guns do. And yet, further limiting access to alcohol is off the table while gun restrictions are fair game. In the gun debate, the double standards are plentiful.
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Governments Turn to the UN to Avoid Paying Their Debts

Global EconomyTaxes and SpendingMoney and Banking

09/29/2015Mises Wire
The United Nations recently passed a resolution in which those who lend money to governments are denounced as "vultures" while the governments themselves are portrayed as hapless victims. This isn't exactly a complete and accurate picture of the situation.
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Governments Give Migrants a Disastrous Mix of Social Welfare and Bureaucracy

Global EconomyLegal SystemWar and Foreign Policy

09/14/2015Mises Wire
Refugees no longer stop at the nearest safe haven, but instead are lured into enduring hazardous black-market journeys for a welfare-state payoff. At the same time, states offer high fees and reams of paperwork for those seeking legal passage.
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Guns, Drugs, and Booze: The Bipartisan Support for Prohibition

Big GovernmentLegal SystemThe Police State

08/29/2015Mises Wire
In the United States, both major parties are very fond of using the power of government to prohibit voluntary transactions among consenting adults. They merely disagree on which things to ban under pain of arrest and imprisonment.
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Greece Illustrates 150 Years of Socialist Failure in Europe

Booms and BustsGlobal EconomyMoney and Banking

07/03/2015Mises Wire
The Greek crisis illustrates the latest failure in Europe's attempts to build a lasting prosperity through consumption and redistribution of wealth. It's been going on for 150 years, and it remains to be seen if Europe will learn anything from the present crisis.
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Government Did Invent the Internet, But the Market Made It Glorious

The EntrepreneurGlobal EconomyLegal SystemMedia and CultureU.S. EconomyEntrepreneurshipMonopoly and CompetitionPraxeologyPrices

06/12/2006Mises Daily Articles
Government involvement accounts for the internet's continuing problems, while the market should get the credit for its glories.
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Gun Control: What Happened in England, Ireland, and Canada


We're often told that gun control is responsible for low homicide rates in places like the UK, Ireland and Canada. But a look at the history of homicide in each country...

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