Mises Wire

This Time, It's a Bubble in Rentals

Money and BanksMoney and Banking

08/04/2017FedWatch
Fannie and Freddie are rushing to finance the current rental boom, and package them as mortgage-backed securities. What could go wrong?

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Why Kansas's Tax-Cut "Failure" Is Really a Success

Taxes and Spending

Blog08/03/2017
When tax cuts lay the ground work for a better economy, government statistics often fail to measure the benefits.

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Mike Huckabee on the 17th Amendment: Evil Plot or Great Idea?

Decentralization and SecessionU.S. History

Blog08/03/2017
Repealing the 17th Amendment has its upside, but a simple repeal doesn't go nearly far enough.

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Why Police Prefer Drug Raids Over Investigating Violent Crimes

Legal System

Blog08/03/2017
Governments and police departments often benefit more from arresting small-time non-violent offenders than by prosecuting truly violent ones.

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Violence: How It's Different From Market Exchange

War and Foreign PolicyInterventionismPolitical Theory

Blog08/03/2017
Not all human action is truly voluntary in the marketplace. Violence can be used to distort and force a wide variety of relationship among human beings.

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Why Robots Won't Cause Mass Unemployment

Calculation and Knowledge

Blog08/02/2017
There will always be jobs because there will always be scarcity. Human wants are unlimited, yet the resources are limited — even with robots.

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The Fed Gave Wall Street a Bomb, and the Taxpayers are Paying Ransom

The FedMoney and BanksMoney and Banking

08/02/2017FedWatch
How do you stop the taxpayer subsidy to Wall Street while avoiding lighting the fuse to Bernanke’s inflation bomb?

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Can the UK's Jacob Rees-Mogg Put the Conservatives Back on Track?

World HistoryPolitical Theory

Blog08/01/2017
After a months of retreating on Brexit, and a botched election, the British Conservatives need a hard-line position on free trade and de-regulation.

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The First Economics Lesson

Political Theory

Blog08/01/2017
The inherent difficulties of economics would be great enough in any case, but they are multiplied a thousandfold by the intervention of special interests.

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China: A Keynesian Monster

Cronyism and CorporatismGlobal EconomyMoney and BanksMoney and Banking

Blog07/31/2017
The the Chinese economy is a Keynesian jobs project of outrageous scale.

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