Mises Wire

9/11 Was a Day of Unforgivable Government Failure

War and Foreign Policy

Blog09/11/2021

The terrorist attacks of 9/11 were possible thanks to an immense military and intelligence failure on the part of the United States government. Why think these people "keep us safe"?

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The Water "Shortage"

U.S. History

Blog09/10/2021

All goods and services are scarce, and government intervention has never changed this reality.  The scarcity of water is nothing new, nor is it an impossible conundrum for markets. 

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Against Biden's Mandates

Anti-PoliticsBig GovernmentLiberalismProgressivism

Blog09/10/2021

Contra Mr. Biden, this is entirely about freedom and personal choice.

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Lockdowns and Vaccine Mandates: China's Most Successful Exports?

Blog09/10/2021

The West's rush to embrace the Chinese regime's bizarre lockdown method of disease control exposed just how little Western regimes actually care about human rights or the rule of law.

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Four Reasons the Next Recession Will Be Worse Than the Last One

Blog09/10/2021

Economic fundamentals are weaker today than when the Great Recession began. And the Fed has less room to maneuver. This suggests the next crisis will be even bigger than the last one. 

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How to Cheat with Cost-Benefit Analysis: Double Count the Benefits

Blog09/09/2021

Calculating "multiplier effects" is perhaps the most common method of cheating with benefit-cost analysis. 

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Paul Krugman’s Austrian Obsession

Booms and Busts

Blog09/09/2021

Paul Krugman recently used his column to attack Austrian economics—yet again—but his attacks rely mostly on myths, poor reasoning, and misinformation. 

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Why the Fed Is So Desperate to Hide Price Inflation

Blog09/08/2021

The Fed is backed into a corner. If price inflation continues, the public could demand action and the Fed could be forced to cut back the flow of easy money, which may lead to a depression. 

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