Mises Wire

Central Banks Are Messing with Your Head

Blog2 hours ago

By tinkering with interest rates, central banks tinker with the way human beings see the present and the future, and with their value systems overall.

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The Place of Economic Calculation in the Economic Theory of Ludwig von Mises

SocialismCalculation and KnowledgeSubjectivism

03/20/2019Quarterly Journal of Austrian Economics
The marginalist revolution posed a fundamental problem for economic theory. Mises’s approach not only solved the problem of economizing resources in a division of labor, but provides a robust framework for economic research.
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Mises’s Contribution: International Cantillon Effects

Protectionism and Free Trade

The effects of inflationary currency are not limited by government borders.

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The Lost Fifth Volume of Conceived in Liberty

03/20/2019Mises Wire
Murray Rothbard was a genius. One aspect of this was his writing as an American historian. He was every bit as significant a scholar here as he was as an economist and philosopher.
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Peter Klein Discusses Christina Romer, Bill Clinton, Israel Kirzner, and Entrepreneurship

BiographiesEntrepreneurship

03/20/2019Audio/Video
Bob Murphy and Peter Klein discuss Peter's unusual career path and his work on entrepreneurship.
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What a "Hard Brexit" Could Mean for the UK

Media and CultureMoney and Banking

Blog03/20/2019

London is a major global hub, and a hard Brexit wouldn't change that. But one of the best possible outcomes of Brexit could be a move toward real free trade beyond the faux "free trade" of the EU bloc.

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The Trouble With Socialist Anarchism

03/19/2019Mises Daily Articles
Murray Rothbard was an advocate of the stateless society, but he was never accepted by the anarchist movement and is still considered more a "capitalist lackey" than anarchist thinker.
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