Mises Wire

Canadian Secession: Then and Now

World History


Just as Canada had the right to secede from Britain, so too do the provinces and territories have a right to secede from Canada. Today, secession may be Alberta’s remedy against the Canadian regime's abuses.

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China's New Pandemic: A Bond Default Crisis


As the world’s second-largest economy attempts to return to its precrisis glory days, Beijing could potentially deal with a new pandemic that could have a sweeping effect on financial markets at home and abroad: a bond default crisis.

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Covid Deaths Plummet as Excess Mortality Falls to Precovid Levels

U.S. History


By mid March—when barely 12 percent of the population had been vaccinated—total excess mortality was back within 1 percent of 2019 levels. In other words, the number of deaths in the US is collapsing back to where it was before the official start of the pandemic. 

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Critics Claim Bitcoin Is a Threat to the Environment. They're Wrong.

Money and Banking


Opponents of bitcoin now claim that bitcoin mining causes global warming and is an environmental threat. But the boom-bust cycles caused by central banks and their fiat money are far worse than any carbon footprint bitcoin can produce.

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Cannabis Prohibition: Perspectives in Veterinary Medicine

Free MarketsHealthLegal System

The current cannabis prohibition policy creates scientific backwardness regarding cannabinoid drugs’ benefits and their actual harm. 

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Can Las Vegas Recover from Covid?

Booms and Busts


In Las Vegas, airline passengers plummeted 64 percent during 2020, and the convention business has collapsed. For Vegas, there are troubling signs that the world is not in a hurry to spend freely on extravagant face-to-face meetings. 

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Colonies Compared: Why British Colonies Were More Economically Successful

World History


The fact that colonial empires often differ significantly in their outcomes can serve to provide us with insights into what sorts of government policies are the most and least harmful.

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Central Planning by Business Is Not the Same as Central Planning by Government



Electing better planners won't make socialism work. Central planning fails because planning without the feedback mechanisms of the market is an impossible task.

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