Mises Wire

The EU's Protectionist Impulses Are Showing in Turkey Deal

Protectionism and Free Trade

Blog10/22/2019

EU politicians and technocrats like to present themselves as progressive and enlightened policymakers. But that virtuous mask slipped after German auto giant Volkswagen announced that its new facility would be located in Turkey instead of an EU member nation.

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The New York Times Gets Neoclassicals, Austrians, and Schumpter Wrong, all in One Article

World History

Blog10/19/2019

Free-market economists don't run the world, and book reviewers at the NYT should stop pretending they do.

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The Difference Between Ecology and Economics

The Environment

Blog10/15/2019

Environmentalists rightly point out it is very difficult to manage a complex ecosystem. But they conveniently ignore the fact it's even more difficult to manage an economic system — especially one thrown into disarray by environmental regulations.

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The Mythology of the "Natural Interest Rate"

Money and BanksMoney and Banking

Blog10/14/2019

Central bankers are claiming that a global savings glut is driving down the "natural" interest rate to negative levels. They're wrong.

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Central Banks Are Just Getting Warmed Up

Blog10/12/2019

Central Banks now have an alphabet soup of policy tools. But it's all radlly just more of the same — that is, inflationary easy-money monetary policy.

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Walter Block and William Barnett on Problems With the Hayekian Triangle

Capital and Interest Theory

10/10/2019Audio/Video
Block and Barnett on whether the Hayekian triangle—the popular device used to illustrate how artificially low interest rates lead to an unsustainable boom—can be salvaged or should be abandoned altogether.
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Price Fixing in Ancient Rome

Booms and BustsFree MarketsGlobal EconomyWorld HistoryInterventionism

10/03/2019Mises Daily Articles
State intervention and a crushing fiscal policy made the whole empire groan under the yoke; more than once, both poor men and rich prayed that the barbarians would deliver them from it.
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