Mises Wire

The Cure for Homelessness

Poverty

Blog09/15/2018

Two root causes of homelessness — zoning and minimum-wage laws — are warmly and enthusiastically embraced by both the left and the right and ardently opposed by libertarians.

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Ten Years After Lehman: The Solution Was "More Lehmans"

Financial MarketsU.S. EconomyMoney and Banking

Blog09/15/2018

Lehman was a prime example of mainstream consensus analysis of risk and economic opportunity. We "solved" it with more of the same.

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Bureaucracy and the Civil Service in the United States

Media and CultureCalculation and KnowledgePolitical Theory

09/14/2018The Journal of Libertarian Studies
One of the most important sociological laws is the "Iron Law of Oligarchy": every field of human endeavor, every kind of organization, will always be led by a relatively small elite.
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11_2_1_0.pdf

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"Price Gouging" Sends Important Signals About Risk

PricesValue and Exchange

Blog09/14/2018

If local prices are sending the message that everything's perfectly normal, residents may be overly optimistic about the risks they face during natural disasters.

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Jeff Deist: Is American Civilization Self-Destructing?

StrategyU.S. Economy

09/14/2018Audio/Video
Jeff Deist and Jay Taylor discuss the poisoned state of things in Washington DC and beyond.
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The Fed's Plan for "Countercyclical Capital Buffers" Is Just More of the Same

Money and BanksMoney and Banking

Blog09/14/2018

Scratching beneath the surface of the debate around countercyclical capital buffers, we find the normal level of duplicity that characterizes most debates about monetary policy.

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Three New Deals: Why the Nazis and Fascists Loved FDR

Free MarketsOther Schools of ThoughtPolitical Theory

09/13/2018Mises Daily Articles
Critics of Roosevelt's New Deal often likened it to fascism. This was recognized to be true during the 1930s, by the New Deal's supporters as well as its opponents.
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