Mises Institute
Thursday, May 29, 2025
 
 
The Immorality of Keynesian Economics
William L. Anderson
Keynesian “economics” is not just wrong; its precepts are not just based upon fallacies but also on lies. Since Keynes self-described as an “immoralist,” we shouldn’t be surprised that his economics is immoral, too.
 
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Did the Fed Achieve Independence During the Korean War?
Jonathan Newman
Rumor has it that the Federal Reserve was able to resist the president’s demands to enable funding of the Korean War. However, a look at the record demonstrates conclusively that the Fed bowed to Harry Truman’s wishes to do what it has done for a century: finance America’s wars.
 
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Wealth Generation and the Market Economy
 
A free market economy creates wealth. Government intervention destroys it.
 
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Economic Depressions: Their Cause and Cure
 
Banks would never be able to expand credit in concert were it not for the intervention and encouragement of government.
 
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The American Pravda Sues the Trump Administration
State-funded media has been a hallmark of the Soviet Union and of all other oppressive, totalitarian regimes in history. NPR has always been a government-subsidized propaganda organ.
 
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JFK and the Burden of Proof
We know what happened on November 22, 1963, at Dealey Plaza in Dallas, but there is a lot about that terrible day we don’t know. But we also know that President Kennedy challenged the National Security State. Did it cost him his life?
 
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The One Bloated Brobdingnagian Bill
President Trump’s so-called “One Big, Beautiful Bill” is more of the same: big and bloated. It adds billions to the federal deficit and does nothing to deal with the government’s debt. Naturally, the Republicans support it.
 
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Why Ending the War in Ukraine Is So Difficult Now
 
Establishment figures erroneously claim Trump’s recent frustrations with Putin prove them right.
 
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The World at War
 
Ralph Raico offers a compelling, classical liberal perspective on the economic roots of twentieth-century conflict. Raico weaves together history and theory to illuminate the deeper causes of the world wars—insights that remain strikingly relevant in the context of ongoing debates over intervention and perpetual war.
 
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