Mises Wire

Can Freedom Survive Without the State?

Private Property

04/18/2018The Austrian
Ferguson concludes an orderly society requires a strong state, but more insightful readers might draw a different conclusion from his critique of the state.

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Consumer Sovereignty: What Mises Meant

Production TheoryValue and Exchange

04/04/2018Mises Daily Articles
Mises stressed the primacy of consumer preferences in the determination of precisely which kinds of goods will be produced with society's scarce resources.

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Competition and Political Entrepreneurship: Austrian Insights into Public-Choice Theory

The EntrepreneurEntrepreneurshipMonopoly and Competition

03/26/2018Review of Austrian Economics, Volumes 1-10
Applying Austrian eco­nomics to the study of public choice theory expands our knowledge of government institutions.
Formats

rae2_1_3_2.pdf

PDF icon PDF (1.12 MB)

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China's Plan to End Dependency on American Trade

Protectionism and Free Trade

Blog03/26/2018

Chinese plans for east Africa, the Indian Ocean, and a huge Eurasian trade zone make American tariffs a lessening problem for the Chinese state.

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Calculation and the Question of Arithmetic

Calculation and Knowledge

03/21/2018Review of Austrian Economics, Volumes 1-10
The view that Ludwig von Mises had more in mind in his calculation critique of socialism than the Hayekian knowl­edge problem has recently been attacked by Leland Yeager.
Formats

rae9_1_9_2.pdf

PDF icon PDF (728.79 KB)

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Class Conflict and Revolutionary Socialism

SocialismOther Schools of Thought

Blog03/16/2018

The fundamental concept of the Communist Manifesto  was that of “class” and “class conflict.” But Marx didn’t say what a “class” was.

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Chief Powell Is Walking a Monetary Tightrope Blind

Money and BanksMoney and Banking

Blog03/02/2018

The new Fed Chief Powell was optimistic at Congressional hearings this week. But he may have inherited a quickly-expiring boom. 

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Carl Menger vs. Gustav Schmoller and the Socialists of the Chair

History of the Austrian School of EconomicsOther Schools of Thought

Blog03/01/2018

The debate on method between Menger and Schmoller was useful for the clarification of the differences between theoretical and applied economic research.

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Central Bank Musical Chairs

Money and BanksMonetary Theory

Blog02/21/2018
Reversing trillions of dollars of securities purchases will create turmoil. And now that price inflation is in equation, the ride will be bumpy.

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Consumer Sovereignty Is a Problem For Government "Stimulus" Plans

The EntrepreneurInterventionism

Blog02/13/2018
Government stimulus plans can't take into account dynamic factors like entrepreneurial innovation and consumer preferences.

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