Mises Wire

Homicides Are Way Up in 2020, and Covid Lockdowns Are a Likely Cause

Legal System

Blog03/25/2021

If we’re going to ask ourselves what might have caused such an unusually large rise in homicide, we ought to look for very unusual events. Covid lockdowns certainly fit the bill. 

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Economic Prosperity Is a Prerequisite for All Other Kinds of Prosperity

Philosophy

Blog03/25/2021

Both Ludwig von Mises and Abraham Maslow understood that unless we first secure the benefits of economic progress, it becomes impossible to pursue higher human wants and needs.

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If Deficits Don't Matter, Why Bother with Taxes?

Taxes and Spending

Blog03/25/2021

If deficits don't matter, why bother with taxes? The regime has the answer: taxes are important for punishing people we don't like, rewarding our friends, and for maintaining control over the public. 

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The Opportunity of a Lifetime

Are you smart, have a hunger to succeed, have a finance education, have a desire to work in finance, employ common sense, have high EQ, are an abstract thinker, believe in American exceptionalism, and willing to work long hours? You might be the one.

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The Border Crisis Is the Latest Example of Government "Efficiency"

Bureaucracy and RegulationTaxes and Spending

Blog03/24/2021

Government revenues are outpacing population growth, yet government agencies can’t seem to carry out even the most basic functions. The solution? More tax revenue and bigger budgets! 

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Central Planning by Business Is Not the Same as Central Planning by Government

Socialism

Blog03/24/2021

Electing better planners won't make socialism work. Central planning fails because planning without the feedback mechanisms of the market is an impossible task.

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Money Isn't Neutral: Why Economic Stabilization Schemes Are Counterproductive

Booms and Busts

Blog03/24/2021

To foster economic recovery, we do not need "stability." What we need is an environment of freely changing prices, even if price changes are frequent and substantial. Only this call allow markets to respond to consumer needs. 

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The Western Lands and Foreign Policy in the Early Republic

U.S. History

Blog03/23/2021

As one settler put it, "All mankind … have an undoubted right to pass into every vacant country, and to form their constitution, and … Congress is not empowered to forbid them." Unfortunately, Congress had good reasons not to acknowledge this.

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