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Federal Bureaucrat to the Public: Be Afraid!

Blog05/26/2017
Governments have always thrived on the fear of the taxpayers, and the DHS secretary is sure that if we knew what he knew, we'd "never leave the house."

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Week in Review: May 27, 2017

StrategyWorld HistoryPolitical TheoryPraxeology

Blog05/26/2017
Trump's budget signals that as far as government spending goes, it's business as usual in Washington.

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How Washington's Reaction to Trump's Budget Justifies the Rise of Bitcoin

U.S. EconomyMoney and Banking

Blog05/25/2017
As politicians prove to be unable to confront economic reality, it’s easy to see how crypto-currencies are becoming increasingly attractive.

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The Trump Budget: Real Cuts vs. the Media Version of "Cuts"

PovertyTaxes and SpendingPolitical Theory

Blog05/25/2017
The Trump budget proposes to increase spending on Medicaid by slightly less that what had been earlier proposed. In DC-speak, this is called a "cut."

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Decentralize the Welfare State

PovertyTaxes and Spending

Blog05/25/2017
What if the US welfare state was broken up into 50 pieces and the states dole out all that money to low-income residents instead?

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Rothbard: These Are the Best Libertarian Educators

Education

Blog05/24/2017
In a 1961 letter to F.A. Harper, Rothbard, listed who he felt were the world's most important libertarian educators.

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Wine, Art, and Ferraris: The Bubble in Luxury Goods

Booms and BustsBusiness Cycles

Blog05/24/2017
Our inflationary economy is sending the prices of luxury goods soaring — while prices on products for regular people are often flat.

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Another Member of Mises Cuba is Now Missing

The Police State

Blog05/24/2017
Mises Cuba has announced that Nelson Rodríguez Chartrand is missing, and believed to be abducted by Cuban state security forces.

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ESPN and the Bursting of the Sports Bubble

Media and CultureMonopoly and Competition

Blog05/23/2017
ESPN is losing 10,000 customers per day, and this means big trouble for all of the sports entities that depend upon the big payouts that ESPN provides.

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The Death Cult of Collectivism

Political Theory

Blog05/23/2017
All collectivist doctrines are harbingers of irreconcilable hatred and war to the death.

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Can Libertarians Have Communal Property?

Political Theory

Blog05/23/2017
A society that is totally privatized can include community-owned property and common amenities. All that is necessary is that everything is voluntary.

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The Drug War: Will the Trump Administration OD on Authoritarianism?

Big GovernmentLegal System

Blog05/22/2017
Jeff Sessions has a history of fanatical devotion to the drug war, but his stance is at odds with the reality of the drug war’s failure.

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"Priming the Pump" Won't Create Real Wealth

Capital and Interest Theory

Blog05/22/2017
Many economists believe the economy can be "jump-started" with some monetary and fiscal stimulus. Unfortunately, this only creates bubbles.

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The Eye-Care Industry Wants Big Government to Crush the Competition

The EntrepreneurMonopoly and Competition

Blog05/26/2017
In a typical case of an industry using government to fight the competition, the American Optometric Assoc. wants a monopoly in the eyecare industry.

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Why the Left Refuses to Talk About Venezuela

Political Theory

Blog05/18/2017
Venezuela represents one of the left's greatest victories against so-called neoliberalism. Oddly, they don't seem to be bragging about it.

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NFL Teams are Right to Blackball Colin Kaepernick

Free Markets

Blog05/18/2017
Kaepernick's protests alienated the NFL's consumers. Football may be king — but the customer is always right.

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The American Way of War Is a Budget-Breaker

Taxes and SpendingWar and Foreign PolicyPolitical Theory

Blog05/18/2017
Perhaps it’s time to finally consider the true costs of America's current wars in lives lost, dollars spent, and opportunities squandered.

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