Mises Wire

The Economics of Arts and Culture

The EntrepreneurFree MarketsStrategy

Blog04/19/2023

Both artists and athletes perform for others. When governments get involved it either is for subsidies or censorship. Neither is satisfactory.

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The Income Tax: Lessons from the Sixteenth Amendment

Taxes and Spending

Blog04/15/2023

The passage of an income tax in the early twentieth century was an enormous shift toward a far more centralized and powerful US state.

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Taxes Are the Price We Pay for NOT Living in a Civilized Society

Big GovernmentBureaucracy and RegulationEconomic FreedomThe Police StateTaxes and Spending

Blog04/15/2023

Justice Oliver Wendell Holmes famously claimed that taxes were the price people paid for civilized society. The problem is that taxes themselves are antisocial.

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The World War Boom and '46 Bust: Why War Does Not Keep Us Out of Recessions

Economic PolicyHayekU.S. HistoryWar and Foreign Policy

Blog04/11/2023

Perhaps the most pernicious Keynesian myth is that a market economy needs wars in order to keep full employment. Wars don't stimulate the economy; they depress it.

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The Current Farm Bill Fraud: Government as Usual

Bureaucracy and RegulationCronyism and CorporatismU.S. Economy

Blog04/11/2023

The newest farm bill in Congress picks the pockets of both consumers and taxpayers. It has been that way for a century, and there is no prospect of change, at least for now.

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The Great Reset: Mises in Birmingham

Blog04/10/2023

Join Dr. Michael Rectenwald, Allen Mendenhall, and more in April to discuss the Great Reset.

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The RESTRICT Act Launches a New War on Free Speech

Bureaucracy and RegulationDemocracyMedia and CultureWar and Foreign Policy

Blog04/05/2023

The bipartisan RESTRICT Act—marketed as a "Tik Tok ban"—is properly named because it will restrict freedom, empower the state, and expand government surveillance. 

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The Fed’s Capital Goes Negative

Money and Banks

Blog04/04/2023

A billion here and a billion there starts to add up to real money—we are now talking about real money when it comes to Fed losses.

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