Mises Wire

16. Joe Salerno on Economic Calculation, Fractional Reserve Banking, and Stories of Rothbard as White Knight

BiographiesMedia and Culture

02/13/2019Audio/Video
Dr. Salerno discusses his intellectual roots and scholarly work, as well as his funny adventures with Murray Rothbard.
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Ludwig von Mises and the Nature of Money

Money and BanksHistory of the Austrian School of EconomicsMonetary Theory

Blog02/13/2019

Among the fallacies Mises debunked in his first book were those of the chartalists - the predecessors of Modern Monetary Theory.

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Billionaires Already Gave Their "Fair Share"

Taxes and Spending

Blog02/13/2019

Usually, in the marketplace, the billionaire gets his billions when he provides a service that enormous numbers of people are willing to voluntarily pay money for.

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The Emergence of Grant, Part 2: Fort Henry

U.S. HistoryWar and Foreign Policy

02/13/2019Audio/Video
Chris Calton recounts a victory that would give the Union access to the Confederate heartland—the capture of Fort Henry.
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Ending Racism Won't End Police Corruption

Blog02/13/2019

Abuse of power by police won't magically disappear if racism does. There are still plenty of reasons for police to abuse power, and few reasons for the public to believe that police will be held accountable.

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What Mises Could Teach Today's Nationalists

SocialismPolitical Theory

02/12/2019The Austrian
Dr. Gordon analyzes Yoram Hazony's new book The Virtue of Nationalism , in which Dr. Gordon examines Hazony's flawed but useful critique of political universalism.
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Powell Claims No "Elevated" Risk for US Recession, NY Fed Models Disagree

02/12/2019Power & Market

When asked about future risk, Powell said he did not “feel that the probability of recession is at all elevated.”

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The Problem with Big Tech

Blog02/12/2019

Social media giants enjoy a cocktail of government contracts, government favoritism, and government-granted monopoly power. As a result, it will be difficult for new startups to offer much competition.

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