Mises Wire

Why the Courts Aren't All They're Supposed to Be

Legal SystemWorld History

Blog12/13/2019

The government accepts no legal obligation to provide specified law enforcement services in exchange for the taxes it forcibly extracts from the citizenry. A clearly defined and voluntarily accepted reciprocal agreement between the government and the citizens has never existed.

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Teacher Unions Destroy School Accountability

EducationTaxes and Spending

Blog12/12/2019

The Clark County School District evaluated itself, and it determined that all the teachers and administrators are doing a great job — and by the way, the union deserves more money.

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Keynes on Eugenics, Race, and Population Control

World History

Blog11/14/2019

Keynes's Malthusianism indicates that he had a defective understanding of the division of labor and the law of returns. Beyond that, his population policies reveal the totalitarianism inherent in the Keynesian vision.

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The FDA Wants to Control Your Stem Cells

Blog11/12/2019

Our right to privacy is premised upon the idea of personal autonomy and extends to the right to bodily integrity. This includes our stem cells.

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The Fight Against "Home Sharing" Drives up the Price of Short-Term Housing

Bureaucracy and Regulation

Blog11/04/2019

A lobbying group in Canada is demanding home-sharing services like Airbnb face stiffer government regulation. Activists claims its all for "the community." But huge corporate hotel firms are the only ones likely to really benefit.

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Are Structural Fluctuations Natural or Policy-Induced? Analyzing Mises's and Schumpeter's Contributions to Business Cycle Theory

Business Cycles

10/29/2019Quarterly Journal of Austrian Economics
A closer look at differences between Mises's and Schumpeter's economic theories suggests that their fundamental divergences have their origin in methodological and epistemological questions.
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Bitcoin and the Denationalization of Money

Money and Banks

Blog10/28/2019

In his new book The Bitcoin Standard, Saifedean Ammous displays a fine understanding of money, and also a good grasp of how currencies like Bitcoin could revolutionize the government-dominated banking sector.

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100% Banking and Its Advocates: A Brief History

Money and Banks

Blog10/23/2019

A return to a system of 100% bank reserves is anything but radical. It would be quite conservative, prudent, and sensible.

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