Mises Wire

The Hanseatic League: An "Empire" of Commerce

Decentralization and SecessionProtectionism and Free TradeWorld History

The prosperous League had no coherent political organization, and there was no clearly defined administrative center or a system for raising taxes.

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School Vouchers Are Basically Food Stamps

Taxes and SpendingPrices

Blog01/04/2018
Governments already use vouchers in many areas, including food and housing. Fortunately, those vouchers only go to a small portion of the population.

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What To Do While Waiting to End the Fed

The FedMoney and BanksMoney and Banking

01/04/2018Mises Daily Articles
The ideal reform is always the elimination of central banks. But there are also ways to limit the harm central banks do through less-than-ideal reforms.

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Sessions to Renew War on Cannabis

01/04/2018Power & Market

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Like Returning Gifts? Thank the Market

EntrepreneurshipMonopoly and Competition

Blog01/04/2018
For Austrians, competition entails not only vigorous price cutting, but intense competition in terms of product quality, return policies, and more.

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Our Passive Trade Balance

History of the Austrian School of Economics

This is the first time Eugen von Böhm-Bawerk's essay "Our Passive Trade Balance" has appeared in English.

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Is Inflation Driven more by "Expectations" than by the Money Supply?

Blog01/03/2018
Central bankers think that the inflation problem can be solved by managing expectations.

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Dred Scott

Legal SystemU.S. History

01/03/2018Audio/Video
Chris Calton discusses how the worst Supreme Court ruling of all time poured gasoline on the fire that was dividing a nation.

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