Mises Wire

Trade Tariffs Won’t Crash the World Economy, Monetary Policy Will

Global EconomyMoney and BanksProtectionism and Free Trade

Many people fail to correctly distinguish between the causes and effects of price inflation and those of monetary inflation.

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Economics Doesn't 'Measure' or 'Predict', It Explains

Austrian Economics OverviewPricesValue and Exchange

The purpose of economic science is not to resolve all social problems, nor does it have appropriate tools for this. 

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The Real Reason Behind the U.S. Trade Deficit (and Why Trump’s Trade War Is Insane)

Blog05/01/2018

A trade deficit is caused by foreign investment. Is spite of what Donald Trump thinks, that's not a bad thing. 

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The War on Cash Is Even Worse than It Seems

Money and BanksMoney and Banking

Blog04/27/2018

The abolition of cash threatens to cause widespread economic damage and have a devastating impact on many of the most vulnerable in our society.

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"More Data" Won't Improve Economists' Lousy Predictions

Booms and BustsBusiness CyclesOther Schools of Thought

Letting data drive theory is like groping in the dark hoping to find not only a light switch, but the very idea of a light switch as well. 

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The Problem of FOSTA

Bureaucracy and Regulation

Blog04/04/2018

The Feds are considering an enormous expansion of their powers to regulate the internet. 

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Why We Learn Nothing about Trade

Protectionism and Free TradeU.S. EconomyWar and Foreign Policy

International trade hasn’t had a very good time lately. The outlook is bleak indeed, but it’s not the first time, nor will it be the last.

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