Mises Wire

Both Theory and Praxis: Rothbard's Plan for Laissez-Faire Activism

Blog11/13/2020

It should be self-evident that a just and moral political regime can only exist in the long term if a sufficiently large number of people actually believe in it.

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Bankruptcies Rise Despite Trillions in New Liquidity

Booms and BustsInflationFinancial Markets

Blog09/07/2020

Liquidity only disguises risk; it does not resolve solvency issues driven by collapsing cash flows while costs remain elevated.

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Buchanan and Anarchism

Philosophy and MethodologyPolitical Theory

Blog07/31/2020

Economist James Buchanan thinks that a state is necessary, because people wouldn't be able to agree on the boundaries of their rights.

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Beware Washington's Latest Trillion-Dollar Infrastructure Scheme

Blog06/29/2020

The Democrats want trillions spent on infrastructure for a "Green New Deal." The GOP wants a trillion for roads and bridges. They're likely to find a way to "work together" to spend trillions either way.

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Be Thankful for Those Who "Only Do It for the Money"

Media and CultureSocialism

Blog05/06/2020

Doing things for money does not justify moral condemnation, unless using money to support your family, live up to the agreements you have made, and to try not to burden others justifies moral condemnation.

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Bitcoin and the Theory of Money

History of the Austrian School of EconomicsMonetary Theory

Blog04/29/2020

In the latest installment of Understanding Money Mechanics, Robert Murphy explains what Bitcoin is, how it works, and how it fits into Misesian monetary theory.

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Business Owners Understand Why the Economy Can't Just Be "Reopened"

Business owners and entrepreneurs are our "meal ticket," our "golden goose." The sort of thinking that shuts them down on the whims of politicians poses grave economic threats to us all.

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