Mises Wire

Murray Rothbard: An Uncompromising Optimist

BiographiesStrategy

08/24/2017The Austrian
We need not treat Rothbard's pronouncements as infallible, but we can insist on giving him his due as one of the greatest libertarian thinkers.

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Are Central Banks Nationalising the Economy?

The FedMoney and BanksMoney and Banking

08/24/2017FedWatch
Massive monetization of debt is just a way of perpetuating and strengthening the crowding-out effect of the public sector over the private sector.

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Southern Secession Was One Thing — and the War to Prevent It Was Another

Decentralization and SecessionU.S. HistoryWar and Foreign Policy

Blog08/24/2017
Southern secession was indeed motivated by slavery. But the war the North waged in response was not motivated by abolitionism.

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The King Hath a Heavy Reckoning to Make

Media and CultureWar and Foreign PolicyWorld History

Blog08/24/2017
The Bard had a deep appreciation of political theatre, and even when his works seem to praise kings and wars, they’re often subtly condemning them.

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Gun Control Laws Have Failed Latin America

Bureaucracy and RegulationLegal System

Blog08/23/2017
High-crime countries like Brazil and Venezuela employ draconian gun-control laws. Law-abiding citizens are thus often left defenseless.

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Domestic Politics Is Dictating Our Foreign Policy

Cronyism and CorporatismWar and Foreign Policy

Blog08/23/2017
The more Trump becomes isolated politically, the more he's likely to try and shore up his base by pandering to the Pentagon and its friends.

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The Fiscal Benefits of Free Trade

Global EconomyProtectionism and Free Trade

Blog08/22/2017
If the West is turning away from free trade, the rest of the world will surely fill the gap — and reap the rewards.

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How Rand Paul Can Free Americans from the Fed

Money and BanksMoney and Banking

08/22/2017FedWatch
If the Senate won't act on Audit the Fed, Senator Paul should change his approach and introduce another piece of legislation from his father’s archives.

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The Eclipse: How Markets Could Have Prevented the "Traffic Nightmare"

PricesValue and Exchange

Blog08/22/2017
After the eclipse, access to major roadways should have been priced according to highway capacity and demand.

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Austrian Monetary Theory vs. Federal Reserve Inflation Targeting

Money and BanksMoney and Banking

Blog08/22/2017
When a central bank sets a two-percent price inflation target as a guide for monetary policy, it is targeting an arbitrary construction of economic statisticians.

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