Mises Wire

Will Cryptocurrencies Pass the Market Test?

Money and BanksMoney and Banking

Blog12/16/2017
It is not enough to have an established purchasing power. A particular thing — to be used as money — must also pass the market selection process.

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Whether it's Baking or Dating, Consent Matters

Blog12/16/2017
Forcing people to use their bodies in certain ways without their consent is not justice. It's violence.

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What Real Tax Reform Looks Like

Blog12/15/2017
Real tax reform means reducing taxes and government spending. It does mean tax cuts in some places, and tax increases in others.

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Why We Should Worry About China

Financial MarketsGlobal EconomyBusiness Cycles

Blog12/15/2017
The Japanese growth miracle was built on a massive debt bubble. China presents many similarities in its economic model.

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Was John Brown Sane?

U.S. History

Blog12/14/2017
John Brown was a man driven by religious fanaticism and grandiose ideas. But his sanity, at least clinically speaking, seems to have been in place.

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Why the Deep State Is at War With Trump

Big Government

Blog12/06/2017
To wit, the Deep State has turned its own crimes during and after the 2016 election into nothing less than a coup d'etat against American democracy.

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Wedding Cakes Have Nothing to Do With Free Speech

Bureaucracy and RegulationU.S. History

Blog12/06/2017
It’s his business. It’s his private property. He has just as much right to discriminate here as he does with his home.

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Why James Madison Hated Democracy

Decentralization and SecessionU.S. History

Blog12/01/2017
Madison condemned "democracy" because the pro-freedom, pro-decentralization Anti-Federalists valued "the democratic spirit."

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What Gives Cryptocurrencies Their Value

Money and BanksMoney and Banking

Blog12/01/2017
The value of cryptocurrencies comes fundamentally from what you can do with them.

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Why The IRS Went After Coinbase

12/01/2017Power & Market

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