Mises Wire

"Liberal Socialism" — Another False Utopia

World HistoryPhilosophy and Methodology

Blog08/28/2017
Very often, bad and failed ideas do not die, they simply reappear in slightly different intellectual garb.

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Economists Are the New Astrologers

Calculation and Knowledge

Blog08/28/2017
Modern mathematical models in economics are about as useful as star mapping for predicting the future.

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The Subsidiarity Principle

Political Theory

Blog08/28/2017
Subsidiarity is the most realistic, pragmatic approach to creating more freedom in our lifetimes.

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Economics and Humanity

Praxeology

Blog08/28/2017
The subject matter of praxeology is merely the essential manifestation of human life, viz., action.

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Waiting for a Republican Rollback of Government? Don't Hold Your Breath

Taxes and SpendingU.S. HistoryPolitical Theory

Blog08/27/2017
The Republicans failed on health care, but now they are offering a new plan for tax and spending cuts, with a promise of smaller government.

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What Is the Liquidity Trap?

Money and BanksMoney and Banking

Blog08/27/2017
"Too little spending" does not cause recessions. On the contrary, too much spending spurred by central bank meddling is what leads to booms and busts.

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Daniel McAdams: Trump and the War Party

War and Foreign Policy

08/27/2017Audio/Video
Jeff Deist and Daniel McAdams discuss the president's recent speech on Afghanistan and the grim realities behind US foreign policy.

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Why Decentralized Militias Matter

Blog08/25/2017
Abe Lincoln once mocked the militias, but America's decentralized militia system has played a key role in military conflicts, including the Civil War.

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Murray Rothbard: An Uncompromising Optimist

BiographiesStrategy

08/24/2017The Austrian
We need not treat Rothbard's pronouncements as infallible, but we can insist on giving him his due as one of the greatest libertarian thinkers.

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Are Central Banks Nationalising the Economy?

The FedMoney and BanksMoney and Banking

08/24/2017FedWatch
Massive monetization of debt is just a way of perpetuating and strengthening the crowding-out effect of the public sector over the private sector.

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