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  • Was the Election Free and Fair? The American...
    by Ryan McMaken on November 25, 2020 at 5:15 pm

    There’s at least one good reason to support Donald Trump’s ongoing lawsuits challenging the election results in several states: the US foreign policy establishment doesn’t want you to. As Newsweek reported last week, “A group of more than 100 national security experts” from Republican […]

  • Why the IMF Is Wrong about Liquidity Traps
    by Frank Shostak on November 25, 2020 at 5:00 pm

    In the Financial Times from November 2, 2020, the International Monetary Fund chief economist Gita Gopinath suggested that world economies at present are likely to be in a global liquidity trap. Gopinath has reached this conclusion because the yearly growth rate of the price indexes has been […]

  • Debunking Seven Common Criticisms of Austrian...
    by Per Bylund on November 25, 2020 at 12:00 pm

    Let's clear up some misconceptions about Austrian economics. If people want to dismiss this school of thought, which many seem inclined to do for political (not theoretical) reasons, at least they should do so based on facts and knowledge, not on falsehoods. Here are corrections:  "Austrian […]

  • What the Covid Vaccine Hype Fails to Mention
    by Gilbert Berdine, MD on November 24, 2020 at 9:00 pm

    Pfizer recently announced that its covid vaccine was more than 90 percent “effective” at preventing covid-19. Shortly after this announcement, Moderna announced that its covid vaccine was 94.5 percent “effective” at preventing covid-19. Unlike the flu vaccine, which is one shot, both covid […]

  • Those Who Fear Disease Most Are Most Likely to...
    by Lipton Matthews on November 24, 2020 at 5:00 pm

    Covid-19 has unleashed a pandemic of restrictive measures on the population. Lockdowns and mask mandates are becoming widespread. Libertarians have been vociferously denouncing covid-19 containment strategies as draconian. Evolutionary psychologists, however, argue that reactions in favor of […]

  • Pandemics Are Over When the Public Decides...
    by Ryan McMaken on November 24, 2020 at 4:45 pm

    Government bureaucrats have their own standards for declaring when a pandemic has "officially" ended. But the de facto ending comes when the public stops paying attention. Original Article: "Pandemics Are Over When the Public Decides They're Over". This Audio Mises Wire is generously sponsored by […]

  • Election 2020: Rout of the Technocracy
    by Zachary Yost on November 24, 2020 at 4:15 pm

    This victory is not of one candidate or party over another in this race or that, but rather a resounding ideological defeat of one of the most illiberal and menacing forces we face at the moment: technocracy. Original Article: "Election 2020: Rout of the Technocracy". This Audio Mises Wire is […]

  • The Origins of American Vote Fraud
    by Thomas J. DiLorenzo on November 24, 2020 at 4:00 pm

    As notorious as the Democrat political machines are, the origins of vote fraud in America lie in the party of Lincoln. Original Article: "The Origins of American Vote Fraud". This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

  • Ramon Ray’s Entrepreneurial Communities
    by Hunter Hastings on November 24, 2020 at 2:45 pm

    “Small business” is just a government classification. Entrepreneurial businesses serving well-defined communities via creative specialization exhibit enormous economic productivity, energy and dynamism. Such businesses can not be defined quantitatively as small, medium or large. They’re […]

  • Being Pro-union Means Being Antiworker
    by Gary Galles on November 24, 2020 at 12:30 pm

    The problem with Biden’s Protecting the Right to Organize (PRO) Act is that it would help unions at the expense of the vast majority of American workers. Original Article: "Being Pro-union Means Being Antiworker". This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by […]

  • 2021 Would Be a Great Time to Audit the Fed
    by Nick Hankoff on November 24, 2020 at 12:00 pm

    Gone are the days of the Federal Reserve hiding in the shadows. Now it’s a woke central bank fighting for climate and racial justice. Progressives must not fall for this but instead team up with the populist right to audit the Fed and demand transparency. Let the healing begin! If it is going to […]

  • Inflation and the French Revolution: The Story of...
    by H.A. Scott Trask on November 23, 2020 at 8:00 pm

    As in so much else, the French revolutionary regime (1789–94) was the precursor of the centralized, totalitarian, managerial, pseudo-democratic despotisms that now reign over the West. It is also reminder that mass democracy and inflation go together, as surely as thunder and lightning. Let us […]

  • MMT Explained with Dr. Robert Murphy
    by Jeff Deist, Robert P. Murphy on November 23, 2020 at 7:45 pm

    Do we fund government or does government fund us? Can sovereign states issue currency at will without risk of default? Are government deficits actually a form of public wealth? And can newly issued currency (rather than taxes or bonds) be used to pay for public works, health care, college, […]

  • What Chile’s Vote to Change Its Constitution...
    by José Niño on November 23, 2020 at 5:00 pm

    On October 25, 2020, 78 percent of Chilean voters went to the ballot box to approve rewriting the country’s constitution, largely viewed as Latin America’s most stable constitution. After nationwide protests kicked off in October 2019, the Chilean left was able to successfully compel President […]

  • The United Nations and the Origins of "The Great...
    by Antony P. Mueller on November 23, 2020 at 4:00 pm

    The United Nations has been the key institution in setting the stage for a global "Great Reset" devoted to global management of human society and of markets. Original Article: "The United Nations and the Origins of The Great Reset". This Audio Mises Wire is generously sponsored by Christopher […]

  • The Dystopian "Fourth Industrial Revolution" Will...
    by Antony P. Mueller on November 23, 2020 at 3:30 pm

    Klaus Schwab of the World Economic Forum has big plans for a "sustainable" future. Most of it involves the destruction of markets and basic human rights. Original Article: "The Dystopian "Fourth Industrial Revolution" Will Be Very Different from the First One". This Audio Mises Wire is generously […]

  • The Evil of American Exceptionalism
    by David Gordon on November 23, 2020 at 2:30 pm

    According to Anne Applebaum, those who deny American “exceptionalism,” that is to say, global crusading for “democracy,” are dangerous extremists. Original Article: "The Evil of American Exceptionalism". This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by […]

  • Being Pro-union Means Being Antiworker
    by Gary Galles on November 23, 2020 at 12:00 pm

    After becoming the apparent president-elect, Joe Biden clearly promised to unify Americans. However, that promise was in sharp contrast to what his campaign promises would actually achieve. Granting unions their fondest wishes is clearly part of Biden’s labor policy, as illustrated by his […]

  • China's New Five-Year Plan Exposes the Wishful...
    by Mark A. DeWeaver on November 21, 2020 at 5:00 pm

    On October 29, the nineteenth Central Committee of the Chinese Communist Party concluded its fifth plenum, a four-day meeting devoted primarily to laying the groundwork for China’s fourteenth five-year plan, which covers the period from 2021 to 2025. Most of what has been made publicly […]

  • Pandemics Are Over When the Public Decides...
    by Ryan McMaken on November 21, 2020 at 6:00 am

    Listen to the Audio Mises Wire version of this article. In Colorado, reported cases and hospitalizations of covid-19 patients are at higher levels than ever before. And yet politicians are worried that if they issue new stay-at-home orders, the public won’t obey them. For instance the Denver […]

  • The Impossibility of "Taxation with...
    by Rosanna Weber on November 21, 2020 at 6:00 am

    Whether you have watched The Sopranos, Goodfellas, or The Godfather, the gist of those stories is always the same: a mafia boss gets involved with a private person or sometimes a businessowner and demands a fee to be paid by midnight tomorrow, otherwise said person will lose a finger or two and […]

  • The Covid Cult
    by Thomas E. Woods, Jr. on November 20, 2020 at 8:15 pm

    This is the greatest public health fiasco in the history of the world, and the media has distorted it so badly, that much of the general public is celebrating villains and hissing at heroes. And, even — perversely enough — celebrating the destruction of their own lives and their children's […]

  • Covid Deaths Mount in France and the Czech...
    by Ryan McMaken on November 20, 2020 at 6:00 pm

    Lockdowns are back on in Europe and are making a quick comeback in the US as well. Spain, the UK, Belgium, and France are back in full lockdown mode, although a multitude of restrictions on movement within each country remained in place even when full lockdowns were ended over the summer.  In […]

  • The Evil of American Exceptionalism
    by David Gordon on November 20, 2020 at 5:00 pm

    Listen to the Audio Mises Wire version of this article. Anne Applebaum is a renowned historian of the Soviet Union, but her recent book The Twilight of Democracy illustrates a common confusion. She says that she and her husband, the Polish diplomat Radek Sikorski, continue to support “the […]

  • A Drop in the Money Supply Was Not the Cause of...
    by Frank Shostak on November 20, 2020 at 2:15 pm

    Even if the central bank were to be successful in preventing the fall of the money stock, this would not be able to prevent a depression if the pool of real savings is declining. Original Article: "A Drop in the Money Supply Was Not the Cause of the Great Depression​". This Audio Mises Wire is […]

  • Why We Need a Free Market in Money
    by Thorsten Polleit on November 20, 2020 at 12:00 pm

    What is fiat money and what does it do? This is essential to understand since today’s worldwide unbacked paper, or “fiat,” money regime is an economically and socially destructive scheme—with far-reaching and seriously harmful consequences. There is an answer, though, and this lies in […]

  • America's Elites—Not Trump—Are Responsible...
    by Tho Bishop on November 19, 2020 at 11:30 pm

    It is an overplayed cliché to refer to the insanity of the current year. Still, 2020 manages to surprise. It is increasingly looking like 2020 has created the greatest challenge to democratic legitimacy in the past century. Today was a truly remarkable day in American history. The official legal […]

  • California's Tax-Limiting Prop. 13 Survives Yet...
    by Gary Galles on November 19, 2020 at 9:30 pm

    Prop. 15’s attempt to undermine California Prop. 13’s property tax protections for businesses has apparently failed. Original Article: "California's Tax-Limiting Prop. 13 Survives Yet Another Attack". This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian […]

  • The Fight for Freedom Needs Both Scholars and...
    by Ryan McMaken, Tho Bishop on November 19, 2020 at 8:30 pm

    Murray Rothbard was enthusiastic about fighting for laissez-faire and freedom through both scholarship and political activism. He wasn't afraid to push freedom and free markets with everyone he could, including academics, politicians, the media, and the public. Additional Resources "3 Reasons the […]

  • The Marginal Revolutionaries: How Austrian...
    by Samuel Bostaph on November 19, 2020 at 8:00 pm

    The Marginal Revolutionaries: How Austrian Economists Fought the War of IdeasJanek WassermanNew Haven, Conn.: Yale University Press, 2019, xiii + 354 pp. Samuel Bostaph (bostaph@udallas.edu) is emeritus professor of economics at the University of Dallas. Before I had read less than a hundred […]

  • Dear Biden Supporters, It's Not Too Late to Secede
    by Justin Murray on November 19, 2020 at 5:00 pm

    Four years ago, I wrote an open letter to the dismayed supporters of Hillary Clinton in the wake of her loss to Donald Trump. Before celebrating Biden’s win in this year’s election, it’s important to reflect back on the past four years. Remember your frustration, your anger, your fear of […]

  • California's Tax-Limiting Prop. 13 Survives Yet...
    by Gary Galles on November 19, 2020 at 12:00 pm

    Listen to the Audio Mises Wire version of this article. Proposition 15’s attempt to undermine California Proposition 13’s property tax protections for businesses through a split roll has apparently narrowly failed. But one thing I find striking is that, even after the fact, the same false […]

  • A Drop in the Money Supply Was Not the Cause of...
    by Frank Shostak on November 18, 2020 at 5:00 pm

    In his writings, Milton Friedman blamed central bank policies for causing the Great Depression. According to Friedman, the Federal Reserve failed to pump enough reserves into the banking system to prevent a collapse in the money stock.1 The adjusted money supply (AMS), which stood at $26.6 billion […]

  • The US Savings Bond Scam
    by Trevor Daher on November 18, 2020 at 2:30 pm

    Remember savings bonds? They were popular before the central bank made sure that safe, low-interest investments became a thing of the past.  Original Article: "The US Savings Bond Scam". This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.  

  • Both Theory and Praxis: Rothbard's Plan for...
    by Ryan McMaken on November 18, 2020 at 12:30 pm

    It should be self-evident that a just and moral political regime can only exist in the long term if a sufficiently large number of people actually believe in it. Original Article: "Both Theory and Praxis: Rothbard's Plan for Laissez-Faire Activism". This Audio Mises Wire is generously sponsored by […]

  • The United Nations and the Origins of "The Great...
    by Antony P. Mueller on November 18, 2020 at 12:00 pm

    Listen to the Audio Mises Wire version of this article. About twenty-four hundred years ago, the Greek philosopher Plato came up with the idea constructing the state and society according to an elaborate plan. Plato wanted “wise men” (philosophers) at the helm of the government, but he made it […]

  • Why Is the Fed So Afraid of Judy Shelton?
    by Ryan McMaken on November 17, 2020 at 9:00 pm

    In spite of fierce opposition from numerous US senators—and countless screeds against her issued by pundits and establishment economists—Judy Shelton still has a chance of being confirmed to the Fed Board of Governors this week. The Associated Press reported yesterday that in spite of three […]

  • Clay Miller: 5 Austrian Principles Applicable to...
    by Hunter Hastings on November 17, 2020 at 6:00 pm

    Principles of Austrian economics have immediate applications in business. Clay Miller, a deeply experienced and highly successful global tech entrepreneur, makes the case via five principles drawn from five easily-accessible sources of Austrian economic theory, with many accompanying examples. […]

  • With a Biden Win, The War Party Will Be Back in...
    by Alice Salles on November 17, 2020 at 5:00 pm

    If Democratic candidate Joe Biden is elected America’s forty-sixth president, what happens to the mandate to end the endless wars? It doesn’t go away, but rather falls on the Democrat-controlled House and (presumably, for now) Republican-controlled Senate. President Donald Trump was elected […]

  • The Dystopian "Fourth Industrial Revolution" Will...
    by Antony P. Mueller on November 17, 2020 at 12:00 pm

    Listen to the Audio Mises Wire version of this article. If one takes the publications of the World Economic Forum (WEF) as an indication of how the “Fourth Industrial Revolution” will change society, the world is facing a massive onslaught against individual liberty and private property. A new […]

  • While Household Income Falls, Central Bankers Are...
    by Daniel Lacalle on November 16, 2020 at 10:30 pm

    Central banks continue to be obsessed with inflation. Current monetary policy is like the behavior of a reckless driver running at two hundred miles per hour, looking at the rearview mirror and thinking, “We have not crashed yet, let’s accelerate.” Central banks believe that there is no risk […]

  • A Conversation with Lipton Matthews
    by Jo Ann Cavallo, Lipton Matthews on November 16, 2020 at 5:00 pm

    Lipton Matthews, whose recent contributions to the Mises Wire offer a libertarian perspective on topics such as empire, colonialism, racism, slavery, capitalism, and riots, was interviewed by Mises Institute associated scholar Jo Ann Cavallo. JAC: You’ve published several articles since your […]

  • The Myth of America as a "Reluctant Superpower"
    by David Gordon on November 16, 2020 at 12:00 pm

    Tomorrow the World: The Birth of U.S. Global Supremacyby Stephen WertheimHarvard University Press, 2020255 pages Two contrasting approaches to the history of American foreign policy dominate the field. In this outstanding study, Stephen Wertheim, a postdoctoral researcher at Columbia University and […]

  • Talk of "Unity" Is Both Hypocritical and...
    by Gary Galles on November 15, 2020 at 12:30 pm

    Grand invocations that "I will unify us" are actually shorthand for "We mean to get our way, regardless of others' well-being and desire." Original Article: "Talk of "Unity" Is Both Hypocritical and Delusional". This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by […]

  • James Mill: Laissez-Faire's Lenin
    by Murray N. Rothbard on November 14, 2020 at 8:00 pm

    [An Austrian Perspective on the History of Economic Thought (1995)] James Mill (1771–1836) was surely one of the most fascinating figures in the history of economic thought. And yet he is among the most neglected. Mill was perhaps one of the first persons in modern times who might be considered a […]

  • Why GDP Can't Measure the Quality of Life
    by Asim Hussain on November 14, 2020 at 5:00 pm

    GDP is an important economic idea; it is often discussed in the media, it is seen in all kinds of textbooks, and spoken about by politicians. But what is GDP? GDP is the market value of all final goods and services produced in a country within a given time frame, and GDP per capita is GDP divided […]

  • Want to Reduce the Trade Deficit? Cut Government...
    by Tate Fegley on November 14, 2020 at 2:30 pm

    A trade deficit isn't actual evidence that anything is wrong. But if it were, one of the best things to do would be to reduce government spending. Unfortunately, politicians disagree.  Original Article: "Want to Reduce the Trade Deficit? Cut Government Spending". This Audio Mises Wire is […]

  • Japan's Ultraloose Monetary Policy Has Undermined...
    by Gunther Schnabl, Taiki Murai on November 14, 2020 at 12:30 pm

    The Japanese experience offers valuable lessons for the US and Europe. A loose monetary policy can stabilize a recession for the short term, but a persistent flood of cheap money paralyzes productivity gains and growth. Original Article: "Japan's Ultraloose Monetary Policy Has Undermined Savings […]

  • The US Savings Bond Scam
    by Trevor Daher on November 14, 2020 at 12:00 pm

    Very insightful commentary has been made of late, much of it by fellows or fellow travelers of the Mises Institute, regarding the effects that monetary policy is having upon the lives of ordinary people and the potentially disastrous future consequences which may be wrought upon the same. This […]

  • Our National Psychosis
    by Jeff Deist on November 13, 2020 at 8:00 pm

    [This is the transcript of the eponymous talk presented at the Mises Institute’s Ron Paul Symposium on November 7, 2020, in Angleton, Texas.] Hey, what a week for our sacred democracy. Wow! You know, it’s so sacred that just a few thousand votes in a few states here and there could have turned […]

 

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Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum

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