Mises Wire

This Is a Sign that Price Inflation Will Soon Get Worse

Blog09/03/2021

Price inflation isn't a simple function of increases in the money supply. Rather, it depends on many other factors such as public expectations of future inflation. 

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The Market — Not Government Planning — Brings Relief from Natural Disasters

Blog09/03/2021

Expropriating private property or mandating price controls might feel like "doing something," but only market action brings real relief to disaster-prone areas.

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Study Guide to the Jordan Peterson – Robert Murphy Podcast

Media and CultureAustrian Economics OverviewPhilosophy and Methodology

Blog09/02/2021

Robert Murphy's interview with Jordan Peterson featured a fast and exciting conversation with lots of references to books, articles, and other Austrian scholarship. This study guide offers citations and explanations for that may have gone by too quickly for the audience.

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Native Americans Had a Lot More Private Property Than You Think

Property RightsU.S. HistoryPrivate Property

Blog09/02/2021

Many scholars employ excessively narrow notions of homesteading which wrongly suggest that virtually all Indian hunting grounds and food sources were "unowned."  

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"Nudging" Policy Is about Control, Not Freedom

Rationalism

Blog09/02/2021

To the extent that Cass Sunstein's "nudge" policy relies on behavioral economics, it relies upon a fallacy.

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Afghanistan: A Tragically Stupid War Comes to a Tragic End

Blog09/01/2021

Trump shares some of the blame. He wanted to get out years ago, but never had the courage to stand up to the incompetent generals and “experts” he foolishly hired to advise him.

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Preserving Capital through Bankruptcy

Booms and Busts

Blog09/01/2021

While bankruptcy has a negative connotation in the business world, “Bankruptcy fulfills the crucially important social function of preserving the available stock of capital."

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Central Banks Can't Taper in This Slowdown

Global Economy

Blog09/01/2021

Central banks are faced with the devil’s alternative created by their own policy. Either let inflation run and create a stagflation problem or scare the markets by tapering. 

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