Mises Wire

A Bookmaker With the Mind of Mencken

Book Reviews

Blog07/19/2019

After quoting H.L. Mencken’s famous quip, “Nobody ever went broke underestimating the intelligence of the American people,” Andrews wonders, “I don’t know if old H.L. was a bookmaker, but he would have been a great one if he had been.”

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You May Be Biased — But That Doesn't Make You Wrong

Philosophy and Methodology

Blog07/19/2019
Yes, many researchers are biased. But as Mises noted: "Reference to a thinker's bias is no substitute for a refutation of his doctrines by tenable arguments."
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Liberation from the Parasite State

Free MarketsWorld HistoryEntrepreneurshipOther Schools of Thought

07/18/2019Mises Daily Articles
Liberalism has many meanings, but I wish to maintain that the most authentic form of liberalism has been concerned above all with two things: the expansion of a free functioning civil society and the restriction of the activity of the state.
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Facebook's Fake Money

Money and BanksMoney and Banking

Blog07/18/2019

The critical question is this: Is the Libra really good or sound — money? Unfortunately, this question cannot be answered in the affirmative.

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Privatizing Public Lands Doesn't Mean Turning Them Into Shopping Centers

The Environment

Blog07/18/2019

Public lands already have value as nature preserves and tourist attractions. At the same time, the economic needs of ordinary human beings — which often require land development — shouldn't be ignored. 

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Can We Still Avoid Inflation?

Booms and BustsBusiness Cycles

07/17/2019Articles of Interest
Inflation can always give only a temporary fillip to the economy, and will leave us with a legacy of postponed adjustments and new maladjustments which make our problem more difficult.
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