Mises Wire

Socialism, Capital, and Venezuela's Oil

Blog11 hours ago

The US government clearly wants to invade Venezuela. But oil is likely not a significant reason, in part because Venezuela's oil is hardly the gold mine some think it is.

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Antitrust Policy Is Both Harmful and Useless

Legal SystemInterventionismMonopoly and Competition

02/21/2019Mises Daily Articles
Whether or not anti-trust legislation remains helpful to consumers, or makes any economic sense, remains entirely debatable.
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"Medicare for All" Is Much Costlier than Most Admit

Blog02/21/2019

Programs like Medicare are a great deal for early participants, but they create huge liabilities for taxpayers later down the line.

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The Grandson of "I, Pencil"

Blog02/21/2019

Steven Kates has composed a modern version of Leonard Read’s classic essay “I, Pencil.”

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The Case for Legalizing Blackmail

Legal SystemPhilosophy and Methodology

Blog02/21/2019

The recent controversy over Jeff Bezos has spawned an interesting debate among free-market economists on whether blackmail should be legalized.

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The Why of Human Action

02/20/2019Articles of Interest
Mises: "What I aimed at in writing Human Action was to contribute my share to ... prevent[ing] America from following Europe down the path to annihilation of civilization and prosperity."
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It Turns out the Long Term Does Matter After All

Blog02/20/2019

When the topic involves poverty, bank failures, unemployment or inequality, the advocates of fashionable policy implore us to take immediate action, almost regardless of the costs down the line. Enter climate change and this seemingly changes everything.

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As Lending Standards Fall, Worries of a New Bust Rise

Financial MarketsGlobal Economy

Blog02/20/2019

New research is sparking fears that junk debt could trigger a repeat of the 2008 crash.

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