Mises Wire

Paul Krugman’s Austrian Obsession

Booms and Busts

Blog09/09/2021

Paul Krugman recently used his column to attack Austrian economics—yet again—but his attacks rely mostly on myths, poor reasoning, and misinformation. 

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Preserving Capital through Bankruptcy

Booms and Busts

Blog09/01/2021

While bankruptcy has a negative connotation in the business world, “Bankruptcy fulfills the crucially important social function of preserving the available stock of capital."

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Paranoia about American Weakness Rests on a Flawed Understanding of History

U.S. HistoryWorld History

Blog08/19/2021

Victor Davis Hanson's cartoonish conception of how foreign states act is not supported by history and contributes to the US government’s insane defense expenditures and destructive crusades around the globe. 

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Pandemics, Infection, and Libertarianism

HealthProperty Rights

Blog08/11/2021

When we think in terms of the foundational law of property, it's clear that broad charges of aggression through infection are spurious at best.

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Private Investment Is the Answer to Declining Postindustrial Towns

Free MarketsProperty RightsU.S. History

Blog07/29/2021

Many people want the state to take the lead in revitalizing run-down towns. How does this make sense, when it is private industry that conceived these towns in the first place?

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Portrait of an Evil Man: Karl Marx

World HistoryOther Schools of Thought

Destructive ideas almost unavoidably derive from a destructive and—in the case of Marxism—rather repulsive person.

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Paying People Not to Work Won't Make Us Richer

U.S. Economy

Blog07/19/2021

When the government pays people not to work, that means fewer people producing fewer goods. And that means a poorer society. More government spending won't change this fact. 

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Privatize the Police

The Police StatePrivate Property

Blog06/25/2021

One big problem a government police force must always face is: What laws really to enforce? Police departments are theoretically faced with the absolute injunction, “enforce all laws,” but in practice scarcity means only some laws are enforced. Which ones?

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