Mises Wire

The Plan to "Privatize" the Afghanistan War Doesn't Privatize Anything

War and Foreign PolicyMonopoly and Competition

Blog08/09/2017
The Trump administration is considering a new scheme for the War in Afghanistan. The American taxpayers are unlikely to see any benefit.

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The Rise of Zombie Companies — And Why It Matters

Money and BanksMoney and Banking

08/08/2017FedWatch
A zombie company merely survives thanks to the constant refinancing of its debt. Thanks to central banks, their numbers are alarmingly large.

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Why Government Has a Dangerous Obsession with Statistics

Big GovernmentCalculation and KnowledgePrices

Blog08/08/2017
In a free market, businesses have little need of economy-wide statistics. They are, however, desperately needed for any sort of government planning.

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Tyrants of the Mind and the New Collectivism

World HistoryOther Schools of Thought

Blog08/08/2017
The ideology of “political correctness” is strangling the principle and practice of freedom of speech.

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Entrepreneurial Discovery: Who Needs It?

The EntrepreneurEntrepreneurship

Blog08/08/2017
Is Israel Kirzner’s explanation of the market process correct and, if so, is it useful?

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How Government Invented Our Modern, Inefficient Prison System

Legal SystemU.S. HistoryWorld History

Blog08/07/2017
An efficient criminal justice system is based on the idea of restitution. The modern system of using prisons as punishment turns this idea on its head.

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The Anti-Federalists Were Right

U.S. History

Blog08/07/2017
Anti-Federalist philosophical fathers fought to forestall the inevitable. For that we must salute them.

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Jeff Sessions Endorses Theft

Legal SystemU.S. History

Blog08/07/2017
Anyone traveling with "too much" cash runs the risk of having it stolen by a police officer.

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How To Have Law Without Legislation

Legal SystemPhilosophy and Methodology

Blog08/07/2017
Decree that no violence may be initiated against another man, and all the loopholes for tyranny would be swept away.

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Can Switzerland Survive Today's Assault on Cash and Sound Money?

Swiss WatchWorld History

The Swiss love of privacy and sound economics has endured for centuries. But global trends continue to chip away at these venerable traditions.

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