Mises Wire

Problems With the Market Monetarist Approach to “Explaining” the Economy

Money and BanksMonetary TheoryMoney and Banking

Blog05/21/2018

Scott Sumner's Market Monetarist framework is seductively simple, but relies on a definitional trick.

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Trump's Big Defense-Spending Plans Aren't Enough for this Beltway Think Tank

War and Foreign Policy

Blog05/21/2018

Military spending in 2018 will be one of the biggest years for defense spending ever. 

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Yes, Carbon and Other Taxes Make Gas Ridiculously Expensive

Big GovernmentTaxes and Spending

Blog05/19/2018

The true purpose of carbon taxes on gas is to make it artificially expensive to drive. 

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State and Local Nullification Drives Change in D.C.

U.S. Economy

Blog05/18/2018

Congress would have never acted on issues like marijuana legalization if states hadn’t taken action first.

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Redefining Violence: The Problem With PC Speech Codes

Legal SystemU.S. History

Blog05/17/2018

If speech can be equated with violence, then the extent of government control in daily life can be greatly expanded.

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Household-Formation Numbers Are Back to Recession-Era Levels

U.S. EconomyU.S. History

Blog05/15/2018

We're in a boom period, which means household formation should be booming. But it's not. 

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7 Lessons Business Owners Can Learn from Austrian Economics

Monopoly and CompetitionValue and Exchange

As Mises knew, economics "concerns everyone and belongs to all" — and this definitely includes business owners. 

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Housing: High Prices, Few New Units

Booms and BustsMoney and Banks

Blog05/12/2018

We're in a boom period, but housing construction is scant — which is making housing less affordable.

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How the IMF Keeps Sub-Sahara Africa in Poverty

Global EconomyPovertyTaxes and Spending

Blog05/12/2018

The bureaucrats at the IMF and other international bureaucracies actually want people to believe that bigger government means more prosperity.

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Central Bankers Won't Tolerate Deflation — No Matter the Cost

Blog05/12/2018

The concluding phase of credit expansion before the credit crisis is now about to begin.

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