Mises Wire

Do Consumers Know What's Best for Them?

Value and Exchange

Blog08/31/2019

The free-market doctrine does not rest on an assumption that consumers make wise choices. Like the mythical “economic man,” the Perfectly Wise Individual is a straw man created by the critics of the theory.

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Does the Boom-Bust Cycle Ever Result from Commodity Money?

Money and BanksMoney and Banking

Blog08/26/2019

Would it be possible for the boom-bust cycle to emerge in the free market economy where the central bank does not exist and where gold is money?

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Debunking Income-Inequality Research

U.S. EconomyU.S. History

Blog07/13/2019

Most income inequality stats provide a cloudy and confusing picture of the real situation. Even worse, these stats are used to justify a wide variety of tax hikes and government interventions.

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Deneen's Why Liberalism Failed Attacks a Fake Version of Liberalism

Philosophy and Methodology

Blog07/13/2019

Patrick Deneen lumps everything he dislikes under the label of "liberalism." But one is left wondering if he is familiar enough with liberalism's history to pass judgment on it.

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Dr. Keith Smith on How Austrian Economics Helped Him Innovate

The EntrepreneurHealthEntrepreneurship

07/02/2019Audio/Video
Hunter Hastings interviews Dr. Keith Smith, founder of the Surgery Center of Oklahoma and the Free Market Medical Association, and discusses the seven principles of Austrian Economics he applied in successful healthcare industry innovation.
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Diktat 1919: The Versailles Treaty As Dictated Peace

World History

Blog07/01/2019

Unlike the Versailles peace, which failed horribly, the successful episodes of peacemaking — Westphalia, Vienna, and even the process that ended World War II — had in common extended multi-lateral negotiations and compromise.

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Donnie Gebert Explains That a Direct Republic is Now Possible

StrategyPolitical Theory

06/25/2019Audio/Video
Bob Murphy has a three-hour conversation with former Military Intelligence Sergeant, Donnie Gebert.
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Does the US Need a Rate Cut? No!

06/17/2019Power & Market

A rate cut would only create a larger problem in the future. If the already dangerous corporate and sovereign debt bubble grows significantly more, no monetary policy will prevent a debt crisis.

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