Mises Wire

Private Property and Customer Safety: Starbucks Learns a Hard Lesson

Media and CultureProperty Rights

Blog07/30/2022

The news that Starbucks is closing sixteen stores due to customer safety concerns exposes the lack of police protection in cities and the problems with allowing noncustomers to remain in stores.

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Rastafarianism's Antistate Beginnings: It's More Than Just Bob Marley's Music

PhilosophyWorld History

Blog07/29/2022

Mention Rastafarianism and most likely Reggae, dreadlocks, and Bob Marley come to mind. However, Rastafarianism helped downtrodden Jamaicans resist the oppressions of colonialism.

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Divine Monarchy: Exploitative or Beneficial?

Property RightsWorld History

Blog07/29/2022

While divine monarchy might seem illogical or archaic, it had a larger positive economic impact in society that historians have overlooked.

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GDP Shrinks Again as Biden Quibbles over the Definition of "Recession"

Money and BanksU.S. Economy

Blog07/28/2022

The state of the economy is not good. Powell knows it. Yellen knows it. Most people in the real world know it. 

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Emil Kauder as an Austrian Dehomogenizer

History of the Austrian School of Economics

Blog07/28/2022

Names like Menger, Böhm-Bawerk, Wieser, Hayek, and Rothbard are well-known to adherents of the Austrian school of economics. Emil Kauder isn't one of those names, but Murray Rothbard brings his contributions to Austrian thinking to light.

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Austrians vs. Neoclassicists on Monopolies

Big GovernmentFree MarketsMonopoly and Competition

Blog07/28/2022

Neoclassical economists have a rigid view of monopoly producers. Austrians recognize that the only monopolies that create problems have been nurtured by government intervention.

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The Fed Is Making It Up as It Goes, So It Ditched Forward Guidance

Money and Banks

Blog07/27/2022

Powell said that moving forward "we think it's time to just go to a meeting by meeting basis." Translation: "Things might go even more off the rails at any time, so let’s just play it by ear."

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Inflation Takings Require Just Compensation: Slash Governments!

The FedInflation

Blog07/27/2022

Forget Biden's claim that his government is "fighting inflation." His government is creating inflation, and in so doing robbing people of their savings and earnings.

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