Mises Wire

Disney's Special District Is Not a "City-State" or "Private City"

U.S. Economy


One will occasionally hear from a libertarian activist that Disney World is some sort of model for totally private governance. This is a huge exaggeration of the reality.  

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Delusion Reigns at the Eccles Building

The FedInflationUnemployment

While the Fed governors claim "all is well" and that inflation is "transitory," the bad news continues to pile up. Inflation will be with us for a long time.

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Decentralized and Neutral

Decentralization and SecessionDemocracy


The EU is a prime example of a tendency toward territorial expansion and political centralization.

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Decentralization and the Rise of the West: The European Miracle Revisited

Decentralization and SecessionEconomic FreedomPolitical Theory


Why did Europe advance economically in the postmedieval period? Bas Spliet looks to the writings of Ralph Raico and Hans-Hermann Hoppe for answers.

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Disney's Corporate Welfare Is Modern Mercantilism

U.S. Economy


Disney's special legal status in Florida is reminiscent of the mercantilist corporations of old. They were granted favors at the expense of ordinary businesses who did not enjoy the favor of state officials. 

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Do Conspiracies Really Exist? Murray Rothbard Thought So

AnarchyPhilosophySocialismThe Police State


The quickest way to discredit an intellectual opponent is to accuse that person of being a "conspiracy theorist." But what happens when real conspiracies occur?

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Deflation: Bad for the Government, Good for Producers and Consumers. What's Not to Like?

Booms and BustsCentral BanksInflationBusiness CyclesMonetary Theory


The "experts" solemnly tell us that deflation is even worse than inflation, and that deflation always will lead an economy into recession. The truth turns such "wisdom" upside down.

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Do Institutions Play a Role in Promoting Economic Growth? In Short, Yes.

DemocracyProperty Rights


We are told that economic growth goes along with liberal democracy. But social institutions play an important role that transcends the political order.

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