Mises Wire

Why Are Thieves Stealing So Many Catalytic Converters?

Global EconomyU.S. Economy

Blog07/21/2021

US car owners are being preyed upon by thieves, because South African mine owners are being preyed upon by their government. 

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Canada's Wait Times for Healthcare Are Huge. Activists Blame Free Markets.

Health

Blog07/21/2021

Canada's "private" long-term care homes are anything but private. But the fact a small sliver of the marketplace is allowed to charge fees for services means activists want even more socialized medicine. 

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Consumer Expectations Don't Tell Us Much about the Real State of the Economy

U.S. Economy

Blog07/20/2021

In a free, unhampered market economy, individuals’ expectations are likely to correspond to the facts of reality. But we live in an economy where central banks routinely distort market signals and deceive the public. 

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Fiat Money Economies Are Built on Lies

Booms and BustsMoney and Banks

Blog07/20/2021

The public usually doesn't understand how fiat money expansion benefits the regime at their expense. The regime likes it that way. 

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The Roots of "Anticapitalism"

Other Schools of ThoughtPhilosophy and MethodologyPolitical Theory

Anticapitalism's origins are not found with the workers. Rather, it came from the aristocrats and middle-class intellectuals who harbored resentment and fear of the rising entrepreneurial and industrial classes. 

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Paying People Not to Work Won't Make Us Richer

U.S. Economy

Blog07/19/2021

When the government pays people not to work, that means fewer people producing fewer goods. And that means a poorer society. More government spending won't change this fact. 

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Sticks, Not Carrots: Vaccines Must Be Forced, Says Indiana University Health Chief

HealthPaternalism

Blog07/19/2021

An Indiana University health officer laments that incentives such as access to events, donuts, french fries, and even hard cash are no longer moving many Americans to fall in line with vaccination.

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The ECB's New Inflation Plan Is Like the Old Plan. But Worse.

Money and Banks

Blog07/17/2021

The ECB wants more price inflation, so it has unveiled a new plan to use new, radical monetary tools. It's all very similar to the "old" plan. Except the new plan is even worse. 

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