Mises Wire

Is China Colonizing Jamaica?

Economic PolicyThe EntrepreneurLabor and WagesWorld History

Blog08/29/2023

Some Jamaicans complain that the Chinese are "colonizing" the country because of their economic success there. Actually, their success is due to entrepreneurship and plain hard work.

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The Chinese Economy: Market Socialism with Chinese Characteristics

Bureaucracy and RegulationCapitalismEconomic FreedomPlanningPoliticsSocialismThe Police StateWorld History

Blog08/29/2023

China rose from poverty after the Mao years only because its political leadership embraced private property and a market economy. Unfortunately, today the Communist leadership is moving back to socialism.

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The State as Modern-Day Superstition: Unraveling the Illusions of Authority

AntipoliticsBig GovernmentPoliticsProgressivismSocialismThe Police State

Blog08/28/2023

To progressive elites, the state (at least one run by progressives) is omniscient and all-powerful. To anyone with understanding, the state is an entity usually run by gangsters.

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America's Big Three Entitlement Bankruptcies Are Inevitable

Bureaucracy and RegulationEconomic PolicyInflationU.S. Economy

Blog08/28/2023

The vast American welfare system is imploding. Future tax revenues will not come close to meeting future obligations. Something must give.

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Are Markets Tyrannical? Where Christian Conservatives Are Mistaken

Cronyism and CorporatismEconomic FreedomEconomic PolicyLaw

Blog08/26/2023

A number of Christian conservatives are claiming that markets are as coercive as government. Try boycotting the FBI or your local police the next time they do something outrageous.

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Gold Will Destroy the Keynesian Fallacies

KeynesMonetary PolicyU.S. HistoryWorld HistoryGold Standard

Blog08/26/2023

Keynes denounced monetary gold as "a barbarous relic." In the end, it will be that "barbarous relic" that overthrows the regime of paper currency.

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How Churchill Built the Welfare State in Britain

Blog08/26/2023

Although his conservative idolaters seem blithely unaware of the fact—for them it is always 1940—Churchill was one of the chief architects of the welfare state in Britain.

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Government Imposed "Competition" Harms Competition

Bureaucracy and RegulationCronyism and CorporatismEconomic FreedomEconomic PolicyPoliticsU.S. Economy

Blog08/25/2023

President Biden says he is going to unleash regulators to bring more "competition" to the economy. This is an oxymoron.

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