Mises Wire

Wine, Art, and Ferraris: The Bubble in Luxury Goods

Booms and BustsBusiness Cycles

Blog05/24/2017
Our inflationary economy is sending the prices of luxury goods soaring — while prices on products for regular people are often flat.
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Why Understanding "Roundaboutness" Is so Important

Booms and BustsBusiness Cycles

Blog03/09/2017
Making production processes more roundabout results in greater production in terms of the quantity produced and a lower cost on a per-unit basis.
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World Power, World Policy, and the United States in 1917

U.S. HistoryWar and Foreign PolicyPolitical Theory

Blog03/07/2017
Like the European powers in the run up to the Great War, the United States was very active in new imperialist adventures.
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