Mises Wire

Central Banks Get Scared: Forget About Promises to Reduce Balance Sheets

1 hour agoPower & Market

Facing an unimpressive economy, the Fed is already backing off its supposed plans to rise interest rates and scale back its balance sheet.

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Two Simple Questions Keynesians Can't Answer

Money and BanksMonetary TheoryMoney and BankingOther Schools of Thought

Blog6 hours ago

Keynesian economics is the economics of debt-addicted, lower-class spendthrifts: modern governments.

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Socialism, Capital, and Venezuela's Oil

Blog8 hours ago

Venezuela has never done a good job exploiting its alleged oil reserves — partly due to its inept socialist state. But with so little capital put into oil, little of the country's oil is ripe for extraction.

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Antitrust Policy Is Both Harmful and Useless

Legal SystemInterventionismMonopoly and Competition

02/21/2019Mises Daily Articles
Whether or not anti-trust legislation remains helpful to consumers, or makes any economic sense, remains entirely debatable.
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"Medicare for All" Is Much Costlier than Most Admit

Blog02/21/2019

Programs like Medicare are a great deal for early participants, but they create huge liabilities for taxpayers later down the line.

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The Grandson of "I, Pencil"

Blog02/21/2019

Steven Kates has composed a modern version of Leonard Read’s classic essay “I, Pencil.”

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The Case for Legalizing Blackmail

Legal SystemPhilosophy and Methodology

Blog02/21/2019

The recent controversy over Jeff Bezos has spawned an interesting debate among free-market economists on whether blackmail should be legalized.

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The Why of Human Action

02/20/2019Articles of Interest
Mises: "What I aimed at in writing Human Action was to contribute my share to ... prevent[ing] America from following Europe down the path to annihilation of civilization and prosperity."
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