Mises Wire

The Ghosts of Failed Banks Have Returned

Financial MarketsGlobal Economy

Blog10/12/2019

A new banking crisis is not only in the making, for which the repo problem serves as an early warning, but it could escalate quite rapidly.

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The Conservative Attack on Market Freedom

Blog10/10/2019

Many conservatives seem to believe that America has been taken over by hard-core libertarians, with the result being a dystopian plutocracy. The answer, they tell us, lies in high taxes and more government power.  They're wrong about both the diagnosis and the cure.

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The Return of Hyperinflation in Zimbabwe

Money and BanksInterventionismPrivate Property

Blog10/09/2019

As Zimbabwe's economy worsens, its government now insists residents start using easily-inflated local currency again. This is sowing the seed of another devastating episode of hyperinflation.

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Tough Questions for Conservatives

Philosophy and MethodologyPolitical Theory

10/09/2019Audio/Video
Bob Murphy asks a series of tough (but fair, he hopes) questions for conservatives, ranging from tariffs to impeachment to drug prohibition.
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Taking a Stand for "the People" Usually Means Hurting Actual People

Bureaucracy and RegulationProtectionism and Free TradeTaxes and Spending

Blog10/08/2019

Tucker Carlson insists that capitalism is just a "tool" that governments can regulate and manipulate so as to better serve "the people." In practice, this just means one group of "the people" uses government policy to enrich themselves at the expense of others.

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The Economics of Prison Gangs

Blog10/05/2019

As the US prison population grew, prisoners turned to larger organizations — such as prison gangs — to provide services and maintain order in prisons.

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The Brexit Battle Shows Democracy Is Only Allowed When the Regime Likes the Outcome

Blog09/24/2019

Democracy is only allowed when the voters vote "correctly" according to the ruling classes. "Wrong" decisions will trigger court rulings voiding the vote. Or we'll just keep voting until people get it "right."

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The US Military Isn't As Invincible As It Thinks

"If the US and Saudi Arabia are particularly hesitant to retaliate against Iran it is because they know now, contrary to what they might have believed a year ago, that a counter-attack will not be a cost-free exercise."

09/24/2019Power & Market
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