Mises Wire

Democracy without Foundations

AntipoliticsCapitalismDemocracy

Blog09/09/2022

David Gordon continues his critical look at Jedediah Purdy's book, Two Cheers for Politics.

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We Cannot Interpret Economic Data Unless We Know Economic Theory

Central BanksPraxeology

Blog09/09/2022

Logical positivism holds that theory is irrelevant to the empirical results. It is the other way around; One cannot understand or interpret economic data until one has a working economic theory in place.

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Spooner: We Didn't Consent to the Constitution

U.S. History

Blog09/08/2022

"Even those who actually voted for the adoption of the Constitution, did not pledge their faith for any specific time; since no specific time was named during which the association should continue."

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By Compensating Slave Owners, Great Britain Negotiated a Peaceful End to Slavery

DemocracyProperty RightsWorld History

Blog09/08/2022

By compensating slave owners for the abolition of slavery, Great Britain ended the scourge of chattel slavery long before it was ended in the Americas.

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Inflation, the Price Level, and Economic Growth: Everything the Elites Tell You about It Is Wrong

Inflation

Blog09/08/2022

Inflation is not a product of corporate greed or rising wages. It is a fraud perpetrated by government authorities that impoverishes average people while enriching elites.

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Mandatory Vaccines vs. Logic and Kantian Ethics

LawProgressivismThe Police State

Blog09/07/2022

Vaccine mandates imposed by governments violate individual rights and further the coercive powers of the state. They also violate Kantian ethical norms, turning people into vehicles to accomplish the ends of governing elites.

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Throwing the Fed's Machinery in Reverse: Fed Interest Rate Policies Continue to Damage the Economy

Booms and BustsCentral BanksThe FedInflation

Blog09/07/2022

The Fed’s tampering with market signals undermines the process of wealth generation, thereby exerting an upward pressure on the time preference interest rate and the market interest rate.

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