Mises Wire

Why Bad GDP Metrics Lead to Bad Policy

Booms and Busts

Blog01/22/2020

Our flawed economic measure called GDP leads to a flawed and skewed view of the economy in which consumer spending is the most important metric.

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Death to Prohibition

Big GovernmentHealthU.S. History

Blog01/17/2020

The repeated failure of prohibition may be just the catalyst that Austrian economics needs to gain traction with the American public.

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Three Arguments Debunking Marx’s Labor Theory of Value

Labor and WagesSocialismOther Schools of Thought

Blog12/21/2019

As dismissive as many of us would like to be toward Marx’s thoroughly debunked labor theory of value, it still holds currency among today’s budding socialists.

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The Cost of Government Is Rising Much Faster than Housing and Healthcare

Taxes and Spending

Blog11/09/2019

The American cost of living is driven up not only by housing and healthcare costs, but by even larger increases in tax bills and government spending.

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Negative Interest Rates and Financial Repression

Blog09/11/2019

These are the two major policies of financial repression currently in use: negative interest rates and quantitative easing.

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Bernie Sanders's Upside-Down Concept of "Morality"

Blog08/23/2019

Sanders’s and other progressives’ blustering about “morality” is really a smokescreen designed to distract from their vision of a society organized around the threat of government aggression against innocents who simply want to mind their own business.

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If I Were a Corporate Shill…

Corporate WelfareTaxes and Spending

Blog07/29/2019

If I were a corporate shill, the last thing I'd want is a free-market, laissez-faire economic system. 

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Markets Can Give Us Both Greater Income Equality and Greater Economic Growth

U.S. EconomyU.S. History

Blog07/15/2019

The modern norm is that economic growth causes measured income inequality to increase. But to  have greater income equality and greater economic growth. It simply requires more free market policies and less government interventionism.

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