Mises Wire

The EU, Not Brexit, Killed British Steel

Blog05/29/2019

EU regulations greatly increased costs for British Steel, and eventually doomed the company. And British Steel would have become insolvent even if the Brits had never voted for Brexit.

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Two Reasons Why Socialism Repeatedly Fails

Socialism

Blog05/29/2019

Socialism will always encounter two big problems when regimes attempt to implement it: 1) the impossibility of economic calculation without true market prices, and 2) the lack of an incentive to produce only what consumers actually want. 

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The US Supreme Court Is Right to Rule In Favor of Tribal Sovereignty

Decentralization and SecessionU.S. History

Blog05/28/2019

In two recent cases, Neil Gorsuch joined the "liberal" wing of the Court to side with Indian tribes in enhancing tribal sovereignty. This is a good thing for limiting and decentralizing government power.

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The Risk of Trump's Trade War Is More Than Just Higher Prices

Booms and BustsGlobal EconomyProtectionism and Free Trade

Blog05/28/2019

It is the lethal combination of tariffs and the end of the expansionary phase of the credit cycle which should concern us.

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The Welfare State is Tearing Sweden Apart

Blog05/28/2019

The welfare state is a key ingredient in sowing social mistrust and discord among diverse groups in Sweden.

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Jeremy Vesta on How to Create Differentiated Value in Seemingly Undifferentiated Markets

The EntrepreneurEntrepreneurship

05/28/2019Audio/Video
Hunter Hastings and Jeremy Vesta discuss how entrepreneurial thinking brings profitable differentiation to the fresh beef industry.
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Anti-Establishment Populists Gain Again In Euro Elections

Global EconomyWorld History

Blog05/28/2019

"Green" parties gained too, and unfortunately, the big winners share an important similarity: they all advocate for more government interventionism in one way or another.

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The Lure of a Stable Price Level

U.S. HistoryBusiness CyclesPrices

05/27/2019Mises Daily Articles
The siren song of a stable price level had lured leading politicians and economists since as early as 1911.
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