Mises Wire

The Problem with Prescriptive "Rationality" in Economics

Calculation and KnowledgeOther Schools of Thought

Blog10/18/2018

Behavioral economics claims it has shown that people behave irrationally — often make mistakes, and have problems with self-control. But is this really irrational behavior?

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The Battle of Ball’s Bluff, Part 2: A Little Short of Boats

U.S. HistoryWar and Foreign Policy

10/17/2018Audio/Video
Ball’s Bluff evolves from a “slight demonstration” into a small-scale battle, and claims the life of one of President Lincoln’s closest personal friends.
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The President's Economic Betrayal

SocialismU.S. History

Blog10/13/2018

In this 1971 New York Times editorial, Murray Rothbard described how, under Nixon's "New Economic Policy," "fascism came to America."

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Tall Buildings, Mighty Crashes

Booms and Busts

Blog10/13/2018

Skyscrapers that set world records for height don’t cause economic panics, but are, instead, a warning a boom has reached its peak.

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The Myth of Synchronized Growth and the Era of Secular Stagnation

The FedFinancial MarketsGlobal Economy

Blog10/13/2018

We have been hearing from central banks that we were living in a synchronized growth territory. Well, it wasn’t the case.

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The Buffoons at Oxfam Believe it's Better to be Poor in Afghanistan than Singapore

Global EconomyPoverty

Blog10/12/2018

The last thing the left wants is for people to understand that poor nations only become rich nations with free markets and small government.

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