Mises Wire

Notes on Fed Chair Jerome Powell's 60 Minutes Non-Interview

03/12/2019Power & Market

 Jay Powell "sees no reason" the economy can't keep chugging along. And of course that's true until it isn't.

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The Eurozone is Slowing, and the ECB Isn't Prepared

Booms and BustsFinancial MarketsGlobal Economy

Blog03/12/2019

The European central bank has no ammunition left with which to address any serious economic downturn.

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Bob Luddy on Entrepreneurial Specialization

The EntrepreneurEntrepreneurship

03/12/2019Audio/Video
Entrepreneur Bob Luddy explains his strategies for success in the commercial kitchen ventilation industry.
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Thanks to Markets, Mobile Phones Have Been a Game-Changer for the World's Poor

World History

Blog03/12/2019

Thanks to trade and the pursuit of private-sector profits, even the poorest regions of the world have gained access to modern telecommunications at an astounding speed.

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The Problem with "Reparations"

Labor and WagesPovertyU.S. History

Blog03/12/2019

Reparations to heirs of slaves make sense so long as the actually guilty parties are the ones paying. Short of that, the policy being discussed has nothing to do with reparations. It's just a wealth redistribution scheme. 

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On Equality and Inequality

Free MarketsInterventionismOther Schools of Thought

03/11/2019Mises Daily Articles
The fact that men are born unequal in regard to physical and mental capacities cannot be argued away.
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Americans Have Much More Living Space than Europeans

03/11/2019Power & Market

The average American dwelling unit is at least 50 to 75 percent larger than the average European unit.

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