Mises Wire

The End of Socialism and the Calculation Debate Revisited

SocialismStrategyCalculation and KnowledgeInterventionism

10/09/2019Review of Austrian Economics, Volumes 1-10
The Soviet Union in 1991 was dissolved. Murray Rothbard explains what led to the economic collapse.
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rae5_2_3_2.pdf

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Powell Lied: Quantitative Easing Is Back

The need to inject more than 270 billion US dollars into the short-term money market teaches us that liquidity is much lower than the Federal Reserve estimated and the agents’ debt much greater.

10/09/2019Power & Market
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The Return of Hyperinflation in Zimbabwe

Money and BanksInterventionismPrivate Property

Blog10/09/2019

As Zimbabwe's economy worsens, its government now insists residents start using easily-inflated local currency again. This is sowing the seed of another devastating episode of hyperinflation.

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Tough Questions for Conservatives

Philosophy and MethodologyPolitical Theory

10/09/2019Audio/Video
Bob Murphy asks a series of tough (but fair, he hopes) questions for conservatives, ranging from tariffs to impeachment to drug prohibition.
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Reduced Sentences in Exchange for Lies: A Government Tradition

Legal System

Blog10/09/2019

Governments routinely bribe suspects into accusing others in exchange for reduced sentences. Thus, suspects are willing to say pretty much anything prosecutors want them to. Governments are fine with this.

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Socialism Is the Greatest Threat to the Environment

The EnvironmentFree MarketsSocialism

Blog10/08/2019

There are only two ways to solve environmental challenges: competition and technology. That requires capitalism, not the government.

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Taking a Stand for "the People" Usually Means Hurting Actual People

Bureaucracy and RegulationProtectionism and Free TradeTaxes and Spending

Blog10/08/2019

Tucker Carlson insists that capitalism is just a "tool" that governments can regulate and manipulate so as to better serve "the people." In practice, this just means one group of "the people" uses government policy to enrich themselves at the expense of others.

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Not-So-Modern Monetary Theory

Money and Banks

Blog10/08/2019

MMT “is a mix of old and new, the old is correct and well understood, while the new is substantially wrong.”

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