According to Anne Applebaum, those who deny American “exceptionalism,” that is to say, global crusading for “democracy,” are dangerous extremists.
Original Article: “The Evil of American Exceptionalism“.
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.
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The nearly universal opinion expressed these days is that the economic crisis of recent years marks the end of capitalism. Capitalism allegedly has failed, has proven itself incapable of solving economic problems, and so mankind has no alternative, if it is to survive, than to make the transition to a planned economy, to socialism.

2020-09-08
To quote the last paragraph of this 2008 article by Robert Murphy, when asked why Austrian school economics should be studied, the best answer is: the Austrian theory of capital is the best one you can find if you really want to grasp how the economy actually works—beyond sterile mathematics and static timeless analysis.

2020-09-09
The US Fed is considering lifting its inflation target above 2 percent in order to revive the economy. Contrary to the accepted practice, the Fed is not expected to raise an alarm if the measured price inflation begins to rise.

2020-09-15
The US Dollar Index has lost 10 percent from its March highs and many press comments have started to speculate about the likely collapse of the US dollar as world reserve currency due to this weakness. These wild speculations need to be debunked.

2020-09-20
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2020-09-22
Savings are the foundation for a productive and advanced economy. Unfortunately, governments insist on policies that make it harder for ordinary people to save.

2020-09-25
Presidential campaigns in the United States tend to be discouraging affairs, even if one is not a libertarian who has zero expectations that anything good can come from American elections. The old saw that insanity consists of doing the same thing repeatedly and somehow expecting different results applies to presidential campaigns as well as to anything else.

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Update January 18, 2021: SNB buying euros at high prices. Sight Deposits have risen by +1.4 bn CHF, this means that the SNB is intervening and buying Euros and Dollars: The change is +1.4 bn. compared to last week.
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