Mises Wire

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Public Goods, National Defense, and Central Planning

Taxes and SpendingWar and Foreign Policy

Blog02/27/2018
Since national defense is not bought and sold in markets, we can't really know its value or whether there is too much or too little of it.
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Leroy Beaulieu
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Paul Leroy-Beaulieu: A Warning Voice About the Socialist Tragedy to Come

Socialism

Blog01/30/2018
Leroy-Beaulieu wrote about the dangers and nature of socialism three decades before the Russian Revolution began. The tiger never changes its stripes.
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Price Inflation Is Not the Worst Part of Easy Money Policy

Money and BanksMoney and Banking

Blog10/31/2017
The uneven distribution of new money causes bubbles, all the while also driving asset price inflation.
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