Mises Wire

Capitalism Means Less Waste — Because More Waste Often Means Less Profit

The EnvironmentProduction TheoryValue and Exchange

Blog57 min ago

The concept of "productive complements" shows us how capitalists have long sought to make as much use as they can of every part of the materials they use to make goods.

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Does China Have Enough Gold to Move Toward Hard Currency?

Money and BanksMoney and Banking

Blog5 hours ago

Decades ago, the Chinese state began to accumulate gold merely as part of a makeshift backup plan. But it may have ended up with enough gold to make a real move away from fiat currency, which would be a disaster for its Western competitors.

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A White House Press Pass Has Nothing to do with the First Amendment

Blog11/16/2018

CNN apparently imagines a First Amendment that grants special privileges only to wealthy and powerful media personalities working in Washington, DC.

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Michael Boldin on the Reality of Secession

Legal SystemStrategyPolitical Theory

11/16/2018Audio/Video
Michael Boldin and Jeff Deist discuss the realities behind breaking up the US politically.
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The Freedom Crisis

The current war against freedom of speech by the "experts" and state-sanctioned intellectuals ought to alarm everyone who values peace and freedom.

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Why Politicians Love Deals like the Amazon Deals

Bureaucracy and RegulationTaxes and Spending

Blog11/16/2018

"Economic development" schemes, like those used to attract big corporate headquarters to one's city, are really just a type of governmental central planning.

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It's Not a Problem When the Chinese Don't Spend Their Dollars Here

Money and BanksProtectionism and Free Trade

Blog11/16/2018

If the Chinese sell us stuff and then "hoard" the money we pay them, that increases the value of the dollars we continue to hold here in the US, while also leaving us with more stuff to sell elsewhere.

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