Mises Wire

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Blog09/28/2020

The mission of the Mises Institute is simple. We want to spread the ideas of Ludwig von Mises and the scholars he inspired.

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Why "Taxing the Rich" Doesn't Make Us Better Off

Blog09/28/2020

Because the rich generally save and invest more of their income than the less wealthy, they are the primary builders of the pool of available capital. Taxing away their incomes means less capital for everyone.

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If the US Adopts Eurozone Policies, the Jobs Recovery Will Suffer

Labor and WagesTaxes and Spending

Blog09/28/2020

The best social policy is one that supports job creation and rising wages. Entitlements do not make a society more prosperous, and ultimately drive it to stagnation.

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Dude, Where's My Inflation?

Inflation

The Fed could certainly encourage more price inflation if it wanted to. But it seems the real goal is not steady inflation, but support for the financial sector.

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Rent Control Is Bad for Renters, but Good for Politicians

Free MarketsPrice Controls

Blog09/26/2020

Rent control in Ontario has restricted the supply of housing while lowering the quality of available units.

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Taxation and Theft, Viking Style

Taxes and SpendingWorld HistoryPolitical Theory

Blog09/26/2020

When Vikings robbed their victims, they often called the booty gjald (debt) as if the stolen goods were repayment for a service provided by the robbers.

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Soviet Terror Was the Natural Evolution of Marx's Communism

SocialismWorld History

Blog09/26/2020

Thomas Sowell has explained that while "Marx may have explicitly advocated the idea of a democratic workers’ government, his own personal style was dictatorial, manipulative, and intolerant."

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The Cure for Inflation

Blog09/25/2020

Although huge government expenditures are not in themselves inflationary, a large deficit is almost certain to be financed by inflationary means—by directly or indirectly printing more money.

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