Mises Wire

The Perils of Higher Education: Institutional Failure

EducationSocialism

Blog10/18/2022

As we watch the once proud edifice of higher education in the USA crumble, we realize that we are looking at institutional failure itself.

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The French Must Rediscover the Taste for Individual Freedom: An Interview with Professor Pascal Salin

LiberalismSocialism

Blog10/17/2022

The French, who coined the term laissez-faire, have become people thoroughly captured by statism. Professor Salin shows another way for France to go.

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The Left's Attacks on Mises Continue to Miss

LiberalismPolitical TheoryPraxeology

Blog10/14/2022

Another Marxist intellectual takes a shot at Mises. Like the other critics on the left, he understands little of what Mises wrote or believed.

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Thanks to the Fed, You'll Work More This Year to Keep Last Year's Standard of Living

U.S. History

Blog10/12/2022

This is the "American dream" the Fed has given us: work more jobs and longer hours to keep paying those bills that are now growing at 8 percent per year.

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The Turkish Way

InflationPovertyWorld History

Blog10/11/2022

Turkey's economy is reeling under inflation rates likely reaching 170 percent. Not surprisingly, the worst of it is felt by regular people just trying to make a living.

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The Economy Is a Process, Not a Factory

Austrian Economics Overview

Blog10/08/2022

What is important is not the types and number of goods that sit on store shelves. It is why and how they got there.

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The West Didn't Become Rich Because of Slavery But in Spite of It

Labor and WagesPovertyU.S. History

Blog10/08/2022

The modern progressive narratives claim that the wealth of the West and especially of the USA was built upon the backs of slaves. In fact, slavery retarded economic growth.

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The Fed's Real Mandate

The FedInflationUnemployment

Blog10/07/2022

The standard line is that the Federal Reserve System has two mandates, keep unemployment low and create price stability. Mark Thornton notes that the real agenda is found elsewhere.

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