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Why Is Economic Journalism So Bad?

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Niall Ferguson holds a PhD in philosophy from Oxford, taught history at Harvard and NYU, and wrote perhaps the definitive biography of Henry Kissinger. So, naturally, Bloomberg hired him to write on economics. His most recent column for...

They Said Things Would Be Much Worse in States without Lockdowns. They Were Wrong.

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Like nearly all US states, Georgia imposed a stay-at-home order in March 2020 in response to demands from public health officials claiming a stay-at-home order would lessen total deaths from covid-19. But unlike most states,...

Opposition Builds to the F-35 Program’s Runaway Costs

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Earlier this month, House Armed Services Committee chairman Adam Smith (D-WA) said it’s time to "cut our losses" on the F-35 Joint Strike Fighter, and added, "I want to stop throwing money down that particular rathole." Smith has...

Why Beijing Wants a Digital Yuan

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In his 2011 book On Russia, former US secretary of state Henry Kissinger used the ancient Chinese game of Weiqi, or Go, as it is also commonly known, as an extended metaphor to conceptualize and explain the decisions of the...

Terminate NATO

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The Washington Post has published a long piece calling for NATO to take on a new official enemy—China. The piece is written by Sara Bjerg Moller, an assistant professor in the School of Diplomacy and International Relations at...

The Tyranny of the “Enlightened” Experts

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If you were to stroll through any typical upper-middle-income American neighborhood in 2021, the odds are very high that you’d observe at least one yard sign exuberantly proclaiming something like this: “In this house, we believe...

India’s Crypto-Clueless Regulators

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Even those who vaguely follow the cryptocurrency markets (as I am sure many readers of the Mises Wire do) are likely to have seen the recent news on this front from India. The Indian government is proposing legislation...

Why Is There No Correlation between Masks, Lockdowns, and Covid Suppression?

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In the past couple of months, our esteemed public health experts have had a rough go of defending the supposedly settled science behind lockdowns and mask mandates. White House covid-19 advisor Andy Slavitt was first...

Why Fungibility Is Important in Understanding Money and Crypto

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As the decentralized revolution gains momentum and cryptocurrency adoption reaches new heights, concerns pertaining to the quality of money are too often ignored. According to a Crypto.com report, the number of bitcoin owners surpassed 71...

Let’s Level the Playing Field between the Dollar and Competing Currencies

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To be a reliable and useful medium of exchange, money must be durable, portable, divisible, and recognizable, but also scarce. The privileged power of the state to manipulate the scarcity of money has had...