Mises Wire

Small Countries Are Better: They're Often Richer and Safer Than Big Countries

Decentralization and SecessionWorld History

Blog02/11/2020

Smaller countries have often been shown to perform better than large countries in terms of overall income and in economic growth. Also, their populations often enjoy more healthy and safe social environments.

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Why Entrepreneurs Miss Market Opportunities

The Entrepreneur

Blog02/11/2020

Consumers are unpredictable, so it's very easy to miss important entrepreneurial opportunities. Entrepreneurship isn't as easy as it looks.

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The Truth about "The Edge of Democracy"

Cronyism and CorporatismGlobal EconomyWorld History

Blog02/11/2020

The Edge of Democracy, a new Oscar-nominated documentary about Brazil, gets even basic facts wrong in pushing the idea that Brazil's corrupt and socialist politicians were the saviors of Brazilian democracy.

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Remembering Burt Blumert

02/11/2020Power & Market

Today would have been the ninety-first birthday of Burt Blumert, one of the greatest personalities of the modern libertarian movement.

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Standard Open Market Operations: How the Fed and Commercial Banks "Create Money"

The FedMoney and Banking

Blog02/10/2020

Robert Murphy defines some of the conventional “monetary aggregates,” such as M1 and M2, and gives the textbook rundown of how the Federal Reserve and commercial banking system “create money” when the Fed buys assets and the commercial banks extend new loans.

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Humans Have Goals. And They Value Goods and Services Accordingly.

PraxeologySubjectivismValue and Exchange

Blog02/10/2020

A given goal dictates the specific means that an individual will choose for the attainment of that end. People make choices that they think will help them achieve an end.

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Europe Can't Afford a New "Green Deal"

The EnvironmentGlobal Economy

Blog02/10/2020

As H. L. Mencken wrote, “For every complex problem there is an answer that is clear, simple, and wrong.” The EU's Green Deal is the latest example.

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Socialism Always Fails

HealthSocialism

Blog02/08/2020

To a socialist socialism is a moral imperative, and the only thing holding back the implementation of this system in the US has been the failure of socialists to present a plausible alternative—something that socialists claim now is being done.

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