Mises Wire

The Bank of England's Governor Fears a Liquidity Trap

Money and BanksCapital and Interest TheoryMoney and BankingOther Schools of Thought

Blog4 hours ago

The demand for goods is not constrained by the amount of money, but by the production of goods and services available to trade for money.

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Working Around Leviathan

Big GovernmentGlobal EconomyU.S. HistoryPhilosophy and Methodology

01/16/2020Mises Daily Articles
It's a paradox: never before has a government in human history assumed unto itself the power to regulate the minutiae of daily life as much as this one. At the same time the United States is overall the wealthiest society in the history of the world.
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A Limited-Government Republic versus a National-Security State

War and Foreign Policy

Blog01/16/2020

What is a national-security state? It is a totalitarian-like governmental structure that consists of an enormous military-intelligence establishment with extraordinary powers, such as indefinite detention, torture, secret surveillance, and even assassination of both citizens and foreigners.

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What Will It Take to Get the Public to Embrace Sound Money?

Financial MarketsMoney and BanksMoney and Banking

Blog01/16/2020

If the small sample size of monetary history is any guide, the combination of asset market crashes and high goods inflation empowers sound money forces in the political arena. At the moment, neither of those factors are in play.

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The World Looks to Abandon the Dollar as US Sanctions Tighten Their Grip

Money and BanksWar and Foreign Policy

Blog01/15/2020

The US's enthusiasm for sanctions means Europe is learning the price of doing business with the United States and with the dollar.  They're now developing new ways to work around the the US-dominated financial system.

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Liberalism and Peace

War and Foreign PolicyAustrian Economics OverviewPolitical Theory

01/15/2020Audio/Video
From Jefferson to Madison, and on to Bastiat, Molinari, and Spencer, the "classical" liberals routinely denounced war as the enemy of freedom, prudence, and natural rights.
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An Austrian Frame of Mind

Book ReviewsHistory of the Austrian School of Economics

Blog01/15/2020

The Marginal Revolutionaries: How Austrian Economists Fought the War of Ideas is a lively history of the astonishing influence prewar Viennese intellectuals had on the greater world, and continue to have in areas far beyond economics.

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The European Green Deal Is Every Bit as Bad as Expected

The EnvironmentGlobal EconomyProtectionism and Free Trade

Blog01/15/2020

While the legislation introduced in the US Congress remains fiction under a Republican executive and senate, the Brussels initiative will become law unless there is considerable opposition from EU member states.

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