Mises Institute
Monday, April 21, 2025
 
 
Don’t Pay Down the National Debt. Just Stop the Deficit Spending
Ryan McMaken
For now, the number one thing we can do to make the federal debt less costly and more manageable is to just stop making it bigger.
 
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Beyond England: A Classical Liberal Critique of Hayek’s “The Origins of the Rule of Law”
Joseph Solis-Mullen
Ralph Raico’s scholarship on the origins of classical liberalism serves as an essential counterweight to Hayek’s Anglocentrism.
 
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Prospects for Hyperinflation
 
Mark Thornton dives into the national debt crisis, historical collapses, and the three stages of financial doom.
 
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Randall Wray’s MMT Lecture Distorts History
 
Bob Murphy shows how leading MMT guru Randall Wray completely distorts two historical episodes.
 
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Mercantilism Smells Like Stagflation
Higher prices and lower growth look to be on the horizon. It seems there is a “whiff of stagflation” in the economy.
 
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Stocks Are the Noise, Bonds Are the Signal
The bond market is sending a message to the US government that its spending is out of control.
 
read more
 
 
Technology Transfer Can Help Transform Developing Countries
Developing countries should focus on forward-thinking policies that drive real progress.
 
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Hyperinflation
 
There are two very effective ways to destroy an economy: hyperinflation and central planning.
 
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The Costs of War
 
John Denson’s The Costs of War argues that the warfare state is a greater threat to liberty than the welfare state. This expanded edition features sharp critiques of war and imperialism from thinkers like Murray Rothbard and Robert Higgs. It is a devastating and convincing attack on warmongering.
 
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