Mises Wire

Public Debt Got a Lot Worse from the Great Recession to the Great Lockdown

Taxes and Spending

Debt accumulation was already unsustainable prior to 2020, but the Great Lockdown has triggered an explosive increase. It may soon be reaching a point of no return for the world's major economies.

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Political Competition vs. Market Competition

Property RightsWorld History


In a market economy, it is not the warlord or strongman who seizes control and lords it over his subjects. Rather, it is the common man as consumer who sets the terms for victory in the marketplace.

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War and Foreign Policy


“When men hire themselves out to shoot other men to order, asking nothing about the justice of their cause, I don’t care if they are shot themselves.”

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Polarization in Washington Is Forcing Politicians to Decentralize

Decentralization and Secession


From gun control to abortion, gridlock and polarization in Washington forces policymakers to look to state and local governments as the centers of political reform.

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Politicians Concerned about Violence Should Start by Ending Their Wars and Their Police State

U.S. History


When politicians claim to deplore violence, its hard to take them seriously when they have a long track record of supporting brutal and arbitrary violence both at home and abroad. 

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Printing Money Can't Replace Real Savings

Money and Banking


If monetary stimulus could strengthen real economic growth, then world poverty would have been eliminated a long time ago.

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Progressivism's Failures: From Minimum Wages to the Welfare State



The empirical evidence shows that neither minimum wages or welfare reduce poverty. In fact, minimum wages tend to increase the cost of living while poverty rates have gone nowhere since the Great Society was introduced.

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Public Schools Refuse to Open. Give the Taxpayers Their Money Back



If grocery stores were run like public schools, they'd still be in the midst of an extended covid lockdown. Fortunately, though, we have a (mostly) privatized system, with vouchers for low-income shoppers.  A similar system for schools would be a far saner choice than what we have now. 

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