Mises Wire

The Upside of Lockdowns: More Saving

Money and BanksOther Schools of ThoughtProduction Theory

Blog01/14/2021

Rothbard: "At the outset of every step forward on the road to a more plentiful existence is saving….Without saving and capital accumulation there could not be any striving toward nonmaterial ends."

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Politics Won't Fix the American Decline

Strategy

Blog01/14/2021

While it is popular and accurate to blame our societal elites for being inept, the truth is that these leaders, both political and cultural, are reflections of us. 

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There Is No Such Thing as Treason

U.S. History

Blog01/13/2021

Some of the Capitol rioters are apparently guilty of real crimes like assault. Or even attempted murder. But none are guilty of the made-up, imaginary "crime" that is "treason."

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How the State Preserves Itself—and What the State Fears

World History

Blog01/13/2021

The gravest crimes in the state's lexicon are almost invariably not invasions of private person or property, but dangers to the state itself: treason, desertion, insurrection, etc. The state does not exist to protect its citizens, but to protect itself.

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Surviving Tech Purges: What We're Doing at the Mises Institute

StrategyHistory of the Austrian School of Economics

Blog01/13/2021

We will never water down our message to satisfy censors or maintain a particular platform; instead we will work around them. 

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Covid-19 and the Socialist Calculation Problem

Value and Exchange

Blog01/13/2021

Just as central planners cannot know how individuals will value a product or service, so too are central planners unable to calculate or plan for the endless array of risk assessments made by potential victims of covid-19. 

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What Does "Freedom" Mean? There Are Many Different Answers.

Book ReviewsWorld HistoryPolitical Theory

Blog01/13/2021

"These days most people tend to equate freedom with the possession of inalienable individual rights, rights that demarcate a private sphere no government may infringe on. But has this always been the case?"

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Low Rates and Limited Liability Mean Hot Markets

Money and Banking

Blog01/12/2021

The taxpayer is backstopping more credit risk than ever. The Post reported that nearly 30 percent of the loans Fannie Mae guaranteed were to borrowers whose house payment exceeded half of their monthly income, up from 14 percent in 2016. 

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