Mises Wire

Powell Claims No "Elevated" Risk for US Recession, NY Fed Models Disagree

02/12/2019Power & Market

When asked about future risk, Powell said he did not “feel that the probability of recession is at all elevated.”

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The Division of Labor Is at the Very Core of Economic Growth

Capital and Interest Theory

Blog02/09/2019

The importance of the division of labor hardly can be exaggerated, and it is also key in understanding the process of capital creation.

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AOC's Green New Deal Is Absolutely Absurd, but That's the Washington Status Quo

02/08/2019Power & Market
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What Real Social Justice Looks Like

Blog02/08/2019

Handing control over people's lives to politicians does not somehow make an economic system any more fair or equitable. All it does is make the exercise of power more arbitrary.

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Trump's Absurd Claim that Americans Are Free from Government Coercion

Blog02/07/2019

Tuesday night, Donald Trump claimed that Americans have always been free and "will stay free" of "government coercion." The U.S. regime's many victims would probably beg to differ.

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Shinzo Abe Bets the Farm on Europe

Money and BanksProtectionism and Free TradeMoney and Banking

Blog01/30/2019

Japan's Shinzo Abe has turned to Europe in hopes of stabilizing Japan's fiscal and and monetary situation. But Europe is a shaky foundation on which to build anything.

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What Shutdown? Federal Spending per Day Is Down Only 7 Percent

Taxes and Spending

Blog01/25/2019

Spending $12 billion per day is not a shutdown. Spending 7% less than you spent last year is not a shutdown.

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FDR’s Worst Perversion of Freedom: The "Four Freedoms" Speech

U.S. History

Blog01/17/2019

In 1944, Roosevelt revealed that the original Bill of Rights had “proved inadequate to assure us equality in the pursuit of happiness.” So he proposed to replace it with something far worse.

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