Mises Wire

The Fed's Money Supply Measures: The Good News—and the Really, Really Bad News

Money and Banking

Blog03/06/2021

Here's a likely reason the Fed has chosen to hide its data on government deposits: the explositon of Treasury deposits at the fed “fuels … suggestions that the Fed is directly financing the government [and] foster[s] uncertainty about central bank independence.”

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To Understand Economics, First Understand Private Property

World HistoryMoney and Banking

Blog03/06/2021

Rothbard recognized that money and exchange could not develop without first establishing private property. So Rothbard also recognized that it was important to develope theories of how private property might come about. 

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The V-Shaped Recovery Never Happened

U.S. Economy

Blog03/06/2021

Some may remember all that talk about a "V-shaped recovery" last year. That was back when we were being assured that just a few weeks of lockdowns was going to bring the economy roaring back. Clearly, that never happened. 

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To Stop the Left, America Needs a Rothbardian Right

Decentralization and SecessionDemocracyOld Right

Blog03/06/2021

Thankfully for the American right, there is another alternative to the neoconservatism of William Buckley, the neoliberalism of Milton Friedman, and the paleo-progressivism of Teddy Roosevelt: the libertarian populism of Murray Rothbard.

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This Is What the Progressives Want To Do to Us

U.S. History

Blog03/05/2021

Think of Minneapolis and Portland and then apply that model nationwide. Then you have an idea where progressive radicals want to take us. 

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Taxation through a Rothbardian Lens

Taxes and SpendingInterventionism

Murray Rothbard was a pioneer in analyzing taxation from an Austrian or causal-realist standpoint. However, he never explicitly engaged the standard theory of deadweight loss from taxation. This article develops the Austrian analysis of taxation further toward this end

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The EU's Woes Are a Political Problem, Not an Economic One

Decentralization and SecessionGlobal EconomyProtectionism and Free Trade

The problem with the European Union is not that it seeks to integrate Europe's economies. The problem comes from attempts to integrate politics as well. 

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The True Cost of Taxation Is Much Higher Than Your Tax Bill

Blog03/03/2021

If we look beyond the mere tax revenue totals, we begin to understand that the cost of taxation to society is far higher than the tax revenue raised and that the costs to society of taxation grow faster than the size of government.

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