Mises Wire

The Euro Shows That a Fiat Money System Is More Expensive than We Thought

Blog01/22/2019

A traditional argument for unbacked fiat money was based on the idea it was less-costly to produce fiat money than gold or silver. This cost savings could then enrich society overall. But recent data suggests this isn't true.

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The Statist (and Senseless) Agenda of Kamala Harris

01/22/2019Power & Market

Kamala Harris wants to buy votes, and she has decided that it is okay to hurt the economy in hopes of achieving her political ambitions.

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Venezuela's Economic Collapse Was Enabled by its Central Bank

Money and BanksWorld History

Blog01/22/2019

The Venezuelan central bank helped the regime destroy the middle class's wealth for many years.

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Capitalism Doesn't Cause Consumerism — Governments Do

Global EconomyMoney and Banks

Blog01/21/2019

It's government — not markets — that intervene to "stimulate" ever greater amounts of spending and consumption. A healthy market economy, meanwhile,  relies on both saving and spending.

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Herb Kelleher and the Free-Market Fight for Southwest

BiographiesThe EntrepreneurFree Markets

Blog01/21/2019

Big firms that dominate the marketplace have never had much of a problem with government regulations that keep new competitors from springing up.

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What Austrians Can Teach "Law and Economics" Scholars

Blog01/21/2019

Austrian scholars should not shy away from engaging mainstream law and economics scholars.

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Fire the Fed?

01/21/2019Power & Market

By firing Powell, President Trump would once and for all dispel the myth that the Federal Reserve is free from political interference.

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