Mises Wire

With a Central Bank, Bank "Deregulation" Can Be a Bad Thing

Money and Banking

Blog09/15/2017
When a central bank exists, deregulation may make it easier for central banks to create more money "out of thin air."

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Why Natural Disasters Are Worse For Poor Countries

The EnvironmentGlobal EconomyPoverty

Blog09/14/2017
Wealth-building and capital are the most important factors in weathering natural disasters — whether caused by global warming or not.

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Don't Trust Government To Protect Your Privacy

Big GovernmentBureaucracy and Regulation

Blog09/14/2017
Governments are good at shifting risk in sneaky ways, but they can’t legislate it out of existence.

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The Neoconservatives Have Declared War on the Realists

U.S. EconomyWar and Foreign Policy

Blog09/14/2017
Interventionist foreign policy is facing some challenges from foreign-policy realists. Naturally, neoconservatives are very upset about it.

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Janet Reno, American Saint

U.S. History

Blog09/14/2017
Reno’s record of deceit, brutality, and power grabs should not be forgotten by any American who cares about freedom.

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Hazlitt: Human Action, Mises's Masterpiece

Austrian Economics Overview

Blog09/14/2017
"This book is the counterweight of Marx's Das Kapital, of Lord Keynes's General Theory, and of countless other books recommending socialization."

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The Space Race Is Now "Privatized" — But You're Still Paying for It

Taxes and SpendingWorld History

Blog09/13/2017
"Ultimately, this is going to be a huge public-private partnership," says Elon Musk, as he rakes in taxpayer money.

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Think Gentrification Is Bad? The Opposite Is Worse

Value and Exchange

Blog09/13/2017
Land has no intrinsic value, and its price can go to zero under various conditions. Nearby owners will soon find themselves wishing for gentrification.

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Keynes: A Master of Confused and Confusing Prose

World HistoryHistory of the Austrian School of EconomicsOther Schools of Thought

Blog09/13/2017
A careful reading of Keynes's 'General Theory' suggests its unintelligible prose may be an effort to appear erudite while saying little of value.

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