Mises Wire

A (True) Thanksgiving Tale of Socialism in America and Israel

Free MarketsSocialismU.S. HistoryWorld History

Blog11/24/2022

The Pilgrims tried socialism at Plymouth. After two years, they returned to private enterprise. Likewise, Israel was founded as a socialist state but has back turned toward free markets.

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How the Middle-Class Dining Room Revolutionized Domestic Life

World History

Blog11/24/2022

For families and friends gathering for Thanksgiving this year, many will assemble in a room called the "dining room." This is a modern luxury made possible by the bourgeois merchants of old.

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The Near Collapse of the UK Pension Sector Exposes Failures by Financial Regulators

Financial MarketsGlobal Economy

Blog11/24/2022

The woes of Britain's financial sector have been exacerbated by UK financial regulators' failures.

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The Federal Reserve's (Permanent) Knowledge Problem

The FedHayek

Blog11/23/2022

Federal Reserve officials, for all of their alleged wisdom and education, have a knowledge problem. Hayek and other Austrians could have told them their grandiose plans will fail.

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Eliminating Economic Crises

The FedMonetary PolicyBusiness CyclesGold Standard

Blog11/23/2022

Ending the string of economic crises that have occurred the past two decades will happen only when economies can depend upon sound money.

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After Years of "Stimulus" Come Surging Debt and Falling Wages

U.S. History

Blog11/22/2022

For all the positive talk, Americans are piling on more debt just as real wages are falling, job losses are mounting, and debt costs are rising. Thanks, Fed! 

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Can a Deeply Unserious America Fix Its Economy?

Big GovernmentCentral BanksU.S. EconomyBusiness CyclesPolitical Theory

Blog11/22/2022

A serious political discussion at the federal level would center on structural problems of war and peace, debt and the dollar, and entitlements. But America in 2022 is a deeply unserious country.

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