Mises Wire

Socialism Is Not Groupthink, but Statethink: A Brief Comment on Jordan Peterson

Socialism

Blog09/17/2022

Jordan Peterson has linked identity politics to socialism. Instead, socialism is about empowering the state.

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The Truth about American Inequality

U.S. History

"Our welfare spending is probably the highest in the world. It is only “laissez-faire” in the sense that we have ... a very large charitable sector as well."

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The "Stunning Success" of the Green Revolution Is Yet Another Progressive Myth

Economic PolicyProgressivismSocialismWorld History

An enduring progressive myth is that thanks to Western technologies and compassionate NGOs, American agricultural scientists saved the developing world via the Green Revolution. Not surprisingly, the truth is found elsewhere.

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The Fed's "Full Employment" Mandate Is a Mandate for Inflation

Money and Banks

Blog09/17/2022

Congress tells the Fed to maximize employment and also have low inflation. But in reality the Fed usually chooses to ignore inflation and instead "stimulate" employment with inflation.  

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When "Decolonialization" Creates More Problems than It Allegedly Solves

World History

Blog09/16/2022

The academic and political buzzword today is "decolonialization," but what happens when good laws are discarded on the flimsy basis that they were established during a colonial era?

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Review: Free Market: The History of an Idea

Free MarketsProgressivismSocialism

Blog09/16/2022

Jacob Soll believes that a truly successful economy must embody at least some of the economic regulation developed by Jean-Baptiste Colbert, the French finance minister under Louis XIV.

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How Do We Define Socialism? By What It Does—and Does Not—Do

CapitalismSocialism

Blog09/16/2022

The reality of socialism is that it politicizes life entirely. How that is supposed to improve quality of life remains a mystery.

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Government Intervention into International Currency Exchange Rates: Japan as a Case Study

Central BanksFinancial MarketsStrategy

Blog09/15/2022

Most government intervention into currency exchange rates create more problems than they solve. Japan's lost decades are a prime example of what can happen.

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