Mises Wire

The COVID-19 Panic Shows Us Why Science Needs Skeptics

HealthMedia and CultureStrategy

Blog1 hour ago

Every major scientific advance challenged the “settled science” of its day and was often denounced as pernicious and false, even dangerous.

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The First Socialists: The Saint-Simonians and the Utopians

SocialismWorld HistoryOther Schools of Thought

Blog07/13/2020

While collectivism was implied in Sismondi’s idea of a “general interest,” Owen and Fourier offered the first formal expression of full socialist collectivization.

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The "Old" vs. the "New" Liberalism

Blog07/08/2020

The enemies of the system of free enterprise paid liberalism an unintended compliment when they applied the name "liberal" to their own creed, historically the opposite of what liberalism stood for from the start.

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The Dangers Posed by State-Controlled Digital Currency

Central BanksInflationMonetary Policy

Blog07/07/2020

If we choose to break the state monopoly of money and allow private digital currencies to compete, a myriad of different solutions will emerge to serve a myriad of different needs.

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The Market Economy Has Been Replaced by a "Fiat Economy"

Corporate WelfareMonetary PolicySocialism

Blog07/06/2020

We're now seeing an economic system where both supply and demand depend on government subsidies, handouts, and monetary schemes. This isn't a market economy.

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The Social Consequences of Zero Interest Rates

Media and CultureMonetary PolicyCapital and Interest Theory

Blog07/04/2020

As Japan has shown, ultralow interest rates can greatly affect a society that was once impressively focused on innovation and investment.

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The Constitution Failed

U.S. HistoryPhilosophy and MethodologyPolitical Theory

Blog07/03/2020

The Constitution is a dead letter. The only way to save its ideals is to rebuild the ideology behind it—laissez-faire liberalism—from the ground up.

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The Problem with Measuring "Consumer Sentiment"

Other Schools of ThoughtPhilosophy and Methodology

Blog07/03/2020

Information on consumer sentiment is potentially helpful, but only insofar as sentiment reflects the reality of the economic situation.

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