Mises Wire

The ABC of a Market Economy

Free MarketsU.S. EconomyInterventionism

Blog12/04/2019

This immense cooperative system is known as a free-market economy. It was not consciously planned by anybody. It evolved.

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The Cultural Consequences of Negative Interest Rates

Global EconomyMedia and CultureMoney and BanksAustrian Economics OverviewMonetary Theory

12/03/2019Audio/Video
Rahim Taghizadegan from the independent Viennese Scholarium offers a European perspective on the anti-economics of negative interest rates
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The Washington Post's Double Standard on Immigration and Guns

Blog12/03/2019

The Washington Post supports local governments ignoring laws. Except when those laws restrict private gun ownership.

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The Boom Is Worse than the Bust

Booms and BustsFree MarketsInterventionismMonetary Theory

11/30/2019Mises Daily Articles
The boom produces impoverishment. But still more disastrous are its moral ravages. It makes people despondent and dispirited. The more optimistic they were under the illusory prosperity of the boom, the greater is their despair and their feeling of frustration.
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The Berlin Wall: Doomed by Economics

World History

Blog11/27/2019

The Soviets, the Nazis, the Khmer Rouge — these totalitarian regimes would have failed even without any intervention from geopolitical rivals. The socialist systems would have been conquered not by standing armies, but by economics.

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The Hidden Link Between Fiat Money and the Increasing Appeal of Socialism

Money and Banking

Blog11/27/2019

The psychological impact of a lifetime within a fiat money economy cannot be underestimated. With more wealth seemingly available at the click of a computer button, refusal to spend more on government programs must stem only from cruelty and greed.

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The Nobel Laureates Are Wrong: Of Course Financial Incentives Matter

Austrian Economics OverviewOther Schools of ThoughtValue and Exchange

Blog11/23/2019

There is a growing drumbeat from some high-profile economists to reassure Americans that large increases in income and wealth taxes won’t distort labor markets. Yet much of their arguments are very misleading.

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