Mises Wire

Problems With the Market Monetarist Approach to "Explaining" the Economy

Money and BanksMonetary TheoryMoney and Banking

Blog05/21/2018

Scott Sumner's Market Monetarist framework is seductively simple, but relies on a definitional trick.

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Per Bylund on AI and the Structure of Production

Big GovernmentThe Police State

04/20/2018Audio/Video
Jeff Deist and Per Bylund dispel some of the myths surrounding artificial intelligence and mass data collection.

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Poverty Forced Farmers in the "Good Old Days" To Sleep the Winter Away

World History

Blog04/19/2018

Peasants in pre-industrial societies often worked fewer hours than modern-day workers. They also had a shockingly low standard of living. 

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Paul Ryan was a Failure — It’s Important to Understand Why

Big GovernmentU.S. Economy

Blog04/13/2018

By all accounts Paul Ryan is a good natured man, but one who ended up betraying almost all the causes he claimed to care about.

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Politicians Are Rushing to Ink Cronyist Deal with Amazon

Taxes and Spending

Blog03/15/2018

The massive tax breaks and subsidies being offered to Amazon for their second headquarters has taken crony capitalism to dizzying heights.

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Public Labor Unions Are Getting Desperate

Bureaucracy and RegulationLabor and WagesLegal System

Blog03/08/2018
Unions' traditional arguments are increasingly seen as faulty, so unions are falling back on ever-sketchier claims about their alleged benefits.

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Police: We're the Experts — Don't You Dare Criticize Us

The Police StateU.S. History

Blog03/05/2018

Defenders of police incompetence are falling back on the claim that they are above criticism because they are the "experts."

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Paul Cantor on Shakespeare, the Romans, and Austrian Economics

World History

For Shakespeare, the story of the Roman Republic is a tragedy. Like one of its heroes, the Republic was eventually destroyed by its own success.

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Public Goods, National Defense, and Central Planning

Taxes and SpendingWar and Foreign Policy

Blog02/27/2018
Since national defense is not bought and sold in markets, we can't really know its value or whether there is too much or too little of it.

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Paul Krugman Should Love President Trump’s Infrastructure Plan

U.S. EconomyOther Schools of Thought

Blog02/09/2018
If President Trump’s infrastructure proposal works out exactly as Paul Krugman has described it, Krugman should be applauding it.

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